{smcl}
{com}{sf}{ul off}{txt}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\mzarit\Documents\Regional_Convergence_Krause&Zarit_12-27-2015_CENSUS_SOUTH.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res}27 Dec 2015, 20:32:36

{com}. do "C:\Users\mzarit\AppData\Local\Temp\STD0l000000.tmp"
{txt}
{com}. 
. set more off
{txt}
{com}. 
. 
. tsset state_fips year, yearly
{res}{txt}{col 8}panel variable:  {res}state_fips (unbalanced)
{txt}{col 9}time variable:  {res}{col 25}year, 1942 to 2010
{txt}{col 17}delta:  {res}1 year
{txt}
{com}. 
. 
. 
. preserve
{txt}
{com}. 
. *************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. *****************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. ************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. *** I.A: NON-SOUTHERN STATES (N = 35): FULL TIME PERIOD (1942 - 2010): BIVARIATE DYNAMIC PANEL ARDL(4,3)--ECM REGRESSION MODELS OF STATE REAL PER CAPITA PERSONAL INCOME [real_pc_inc_ann] /// 
> ///       & STATE klarnerranney INDEX FOR PARTISAN COMPETITION IN LEGISLATURE/REPRESENTATIVE ASSEMBLIES [klarnerranney] WITH TWO-WAY FIXED EFFECTS [STATE AND TIME UNIT EFFECTS]  ***
> 
. 
. 
. 
. // (4,3)  MODEL
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if nonsouth==1
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}     2,100{col 27}-15606.67{col 38}-14793.27{col 49}   119{col 58} 29824.54{col 69} 30496.85
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if nonsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}     2,100
{txt}maximum lag: {res}8{col 49}{txt}F(118,      1981){col 67}= {res}     32.66
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.0365065{col 34}{space 2} .0094971{col 45}{space 1}   -3.84{col 54}{space 3}0.000{col 62}{space 4}-.0551319{col 75}{space 3}-.0178811
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.6612399{col 34}{space 2} .5001867{col 45}{space 1}   -1.32{col 54}{space 3}0.186{col 62}{space 4}-1.642187{col 75}{space 3} .3197074
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .3296744{col 34}{space 2} .0665161{col 45}{space 1}    4.96{col 54}{space 3}0.000{col 62}{space 4} .1992255{col 75}{space 3} .4601233
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-1.485609{col 34}{space 2} .8782698{col 45}{space 1}   -1.69{col 54}{space 3}0.091{col 62}{space 4}-3.208039{col 75}{space 3} .2368204
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-.0624925{col 34}{space 2} .0501854{col 45}{space 1}   -1.25{col 54}{space 3}0.213{col 62}{space 4}-.1609142{col 75}{space 3} .0359292
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} 1.991811{col 34}{space 2}  .744314{col 45}{space 1}    2.68{col 54}{space 3}0.008{col 62}{space 4} .5320904{col 75}{space 3} 3.451531
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0652209{col 34}{space 2}  .044001{col 45}{space 1}   -1.48{col 54}{space 3}0.138{col 62}{space 4}-.1515141{col 75}{space 3} .0210722
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .0201866{col 34}{space 2} .7911973{col 45}{space 1}    0.03{col 54}{space 3}0.980{col 62}{space 4} -1.53148{col 75}{space 3} 1.571853
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-19.05792{col 34}{space 2} 303.1255{col 45}{space 1}   -0.06{col 54}{space 3}0.950{col 62}{space 4}-613.5362{col 75}{space 3} 575.4204
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-357.7239{col 34}{space 2} 379.0327{col 45}{space 1}   -0.94{col 54}{space 3}0.345{col 62}{space 4}-1101.069{col 75}{space 3} 385.6208
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-32.23801{col 34}{space 2} 37.84833{col 45}{space 1}   -0.85{col 54}{space 3}0.394{col 62}{space 4}-106.4647{col 75}{space 3}  41.9887
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 84.96143{col 34}{space 2} 138.1845{col 45}{space 1}    0.61{col 54}{space 3}0.539{col 62}{space 4}-186.0408{col 75}{space 3} 355.9637
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 409.4113{col 34}{space 2} 177.0766{col 45}{space 1}    2.31{col 54}{space 3}0.021{col 62}{space 4} 62.13537{col 75}{space 3} 756.6873
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-526.0131{col 34}{space 2} 494.0778{col 45}{space 1}   -1.06{col 54}{space 3}0.287{col 62}{space 4} -1494.98{col 75}{space 3} 442.9536
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 905.8935{col 34}{space 2} 320.6726{col 45}{space 1}    2.82{col 54}{space 3}0.005{col 62}{space 4} 277.0025{col 75}{space 3} 1534.784
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 6511.802{col 34}{space 2} 1071.782{col 45}{space 1}    6.08{col 54}{space 3}0.000{col 62}{space 4} 4409.864{col 75}{space 3} 8613.741
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 2.729549{col 34}{space 2} 19.25187{col 45}{space 1}    0.14{col 54}{space 3}0.887{col 62}{space 4} -35.0265{col 75}{space 3}  40.4856
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 10.40207{col 34}{space 2} 21.47237{col 45}{space 1}    0.48{col 54}{space 3}0.628{col 62}{space 4}-31.70873{col 75}{space 3} 52.51288
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 15.76415{col 34}{space 2} 20.77943{col 45}{space 1}    0.76{col 54}{space 3}0.448{col 62}{space 4}-24.98768{col 75}{space 3} 56.51597
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}  -18.149{col 34}{space 2} 23.36868{col 45}{space 1}   -0.78{col 54}{space 3}0.437{col 62}{space 4}-63.97877{col 75}{space 3} 27.68077
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-19.82319{col 34}{space 2} 20.58466{col 45}{space 1}   -0.96{col 54}{space 3}0.336{col 62}{space 4}-60.19305{col 75}{space 3} 20.54668
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}  -4.0862{col 34}{space 2} 26.52833{col 45}{space 1}   -0.15{col 54}{space 3}0.878{col 62}{space 4}-56.11256{col 75}{space 3} 47.94016
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}4  {c |}{col 22}{res}{space 2}-188.4749{col 34}{space 2} 99.76395{col 45}{space 1}   -1.89{col 54}{space 3}0.059{col 62}{space 4}-384.1282{col 75}{space 3} 7.178375
{txt}{space 18}6  {c |}{col 22}{res}{space 2}-112.1242{col 34}{space 2} 94.79599{col 45}{space 1}   -1.18{col 54}{space 3}0.237{col 62}{space 4}-298.0345{col 75}{space 3} 73.78613
{txt}{space 18}8  {c |}{col 22}{res}{space 2} -131.388{col 34}{space 2} 103.0152{col 45}{space 1}   -1.28{col 54}{space 3}0.202{col 62}{space 4}-333.4175{col 75}{space 3} 70.64141
{txt}{space 18}9  {c |}{col 22}{res}{space 2} 25.96512{col 34}{space 2} 112.6495{col 45}{space 1}    0.23{col 54}{space 3}0.818{col 62}{space 4}-194.9588{col 75}{space 3}  246.889
{txt}{space 17}15  {c |}{col 22}{res}{space 2}-111.3364{col 34}{space 2} 116.8115{col 45}{space 1}   -0.95{col 54}{space 3}0.341{col 62}{space 4}-340.4228{col 75}{space 3} 117.7499
{txt}{space 17}16  {c |}{col 22}{res}{space 2}-181.5746{col 34}{space 2} 104.0528{col 45}{space 1}   -1.75{col 54}{space 3}0.081{col 62}{space 4} -385.639{col 75}{space 3} 22.48984
{txt}{space 17}17  {c |}{col 22}{res}{space 2}-115.9625{col 34}{space 2} 95.77215{col 45}{space 1}   -1.21{col 54}{space 3}0.226{col 62}{space 4}-303.7872{col 75}{space 3} 71.86224
{txt}{space 17}18  {c |}{col 22}{res}{space 2}-189.0839{col 34}{space 2} 98.40365{col 45}{space 1}   -1.92{col 54}{space 3}0.055{col 62}{space 4}-382.0694{col 75}{space 3} 3.901661
{txt}{space 17}19  {c |}{col 22}{res}{space 2}-100.0121{col 34}{space 2} 100.2651{col 45}{space 1}   -1.00{col 54}{space 3}0.319{col 62}{space 4}-296.6482{col 75}{space 3} 96.62403
{txt}{space 17}20  {c |}{col 22}{res}{space 2}-125.1977{col 34}{space 2} 100.2909{col 45}{space 1}   -1.25{col 54}{space 3}0.212{col 62}{space 4}-321.8844{col 75}{space 3} 71.48895
{txt}{space 17}23  {c |}{col 22}{res}{space 2}-232.9911{col 34}{space 2} 99.72645{col 45}{space 1}   -2.34{col 54}{space 3}0.020{col 62}{space 4}-428.5709{col 75}{space 3}-37.41135
{txt}{space 17}25  {c |}{col 22}{res}{space 2}-80.20588{col 34}{space 2} 108.2149{col 45}{space 1}   -0.74{col 54}{space 3}0.459{col 62}{space 4}-292.4328{col 75}{space 3} 132.0211
{txt}{space 17}26  {c |}{col 22}{res}{space 2}-181.1598{col 34}{space 2} 99.09755{col 45}{space 1}   -1.83{col 54}{space 3}0.068{col 62}{space 4}-375.5062{col 75}{space 3} 13.18653
{txt}{space 17}27  {c |}{col 22}{res}{space 2} -103.016{col 34}{space 2} 95.03386{col 45}{space 1}   -1.08{col 54}{space 3}0.278{col 62}{space 4}-289.3928{col 75}{space 3} 83.36081
{txt}{space 17}29  {c |}{col 22}{res}{space 2}-219.2365{col 34}{space 2} 99.63364{col 45}{space 1}   -2.20{col 54}{space 3}0.028{col 62}{space 4}-414.6343{col 75}{space 3} -23.8388
{txt}{space 17}30  {c |}{col 22}{res}{space 2}-167.8327{col 34}{space 2} 107.1336{col 45}{space 1}   -1.57{col 54}{space 3}0.117{col 62}{space 4}-377.9392{col 75}{space 3} 42.27372
{txt}{space 17}32  {c |}{col 22}{res}{space 2} -84.9415{col 34}{space 2} 107.5301{col 45}{space 1}   -0.79{col 54}{space 3}0.430{col 62}{space 4}-295.8255{col 75}{space 3} 125.9425
{txt}{space 17}33  {c |}{col 22}{res}{space 2}-108.0548{col 34}{space 2} 103.7202{col 45}{space 1}   -1.04{col 54}{space 3}0.298{col 62}{space 4}-311.4669{col 75}{space 3} 95.35731
{txt}{space 17}34  {c |}{col 22}{res}{space 2}   -15.44{col 34}{space 2}   105.22{col 45}{space 1}   -0.15{col 54}{space 3}0.883{col 62}{space 4}-221.7934{col 75}{space 3} 190.9134
{txt}{space 17}35  {c |}{col 22}{res}{space 2}-250.7391{col 34}{space 2} 102.2105{col 45}{space 1}   -2.45{col 54}{space 3}0.014{col 62}{space 4}-451.1905{col 75}{space 3}-50.28773
{txt}{space 17}36  {c |}{col 22}{res}{space 2}-65.33286{col 34}{space 2}    103.8{col 45}{space 1}   -0.63{col 54}{space 3}0.529{col 62}{space 4}-268.9015{col 75}{space 3} 138.2358
{txt}{space 17}38  {c |}{col 22}{res}{space 2}-72.88658{col 34}{space 2} 126.1911{col 45}{space 1}   -0.58{col 54}{space 3}0.564{col 62}{space 4}-320.3678{col 75}{space 3} 174.5946
{txt}{space 17}39  {c |}{col 22}{res}{space 2}-186.0031{col 34}{space 2} 96.93798{col 45}{space 1}   -1.92{col 54}{space 3}0.055{col 62}{space 4}-376.1142{col 75}{space 3} 4.108009
{txt}{space 17}41  {c |}{col 22}{res}{space 2}-175.6336{col 34}{space 2} 95.10711{col 45}{space 1}   -1.85{col 54}{space 3}0.065{col 62}{space 4}-362.1541{col 75}{space 3} 10.88688
{txt}{space 17}42  {c |}{col 22}{res}{space 2}-153.4322{col 34}{space 2}  95.9636{col 45}{space 1}   -1.60{col 54}{space 3}0.110{col 62}{space 4}-341.6324{col 75}{space 3} 34.76795
{txt}{space 17}44  {c |}{col 22}{res}{space 2} -189.878{col 34}{space 2}  101.682{col 45}{space 1}   -1.87{col 54}{space 3}0.062{col 62}{space 4}-389.2929{col 75}{space 3} 9.536932
{txt}{space 17}46  {c |}{col 22}{res}{space 2}-72.72731{col 34}{space 2} 117.8317{col 45}{space 1}   -0.62{col 54}{space 3}0.537{col 62}{space 4}-303.8145{col 75}{space 3} 158.3598
{txt}{space 17}49  {c |}{col 22}{res}{space 2}-218.5156{col 34}{space 2} 101.7977{col 45}{space 1}   -2.15{col 54}{space 3}0.032{col 62}{space 4}-418.1574{col 75}{space 3}-18.87377
{txt}{space 17}50  {c |}{col 22}{res}{space 2}-173.1743{col 34}{space 2}  99.9258{col 45}{space 1}   -1.73{col 54}{space 3}0.083{col 62}{space 4} -369.145{col 75}{space 3} 22.79641
{txt}{space 17}53  {c |}{col 22}{res}{space 2}-114.1095{col 34}{space 2} 94.91917{col 45}{space 1}   -1.20{col 54}{space 3}0.229{col 62}{space 4}-300.2613{col 75}{space 3} 72.04243
{txt}{space 17}55  {c |}{col 22}{res}{space 2}-154.3001{col 34}{space 2} 94.35535{col 45}{space 1}   -1.64{col 54}{space 3}0.102{col 62}{space 4}-339.3463{col 75}{space 3} 30.74602
{txt}{space 17}56  {c |}{col 22}{res}{space 2}-34.48386{col 34}{space 2} 120.2794{col 45}{space 1}   -0.29{col 54}{space 3}0.774{col 62}{space 4}-270.3714{col 75}{space 3} 201.4036
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1947  {c |}{col 22}{res}{space 2} 116.9927{col 34}{space 2} 101.1133{col 45}{space 1}    1.16{col 54}{space 3}0.247{col 62}{space 4}-81.30683{col 75}{space 3} 315.2921
{txt}{space 15}1948  {c |}{col 22}{res}{space 2} 519.0527{col 34}{space 2} 87.23781{col 45}{space 1}    5.95{col 54}{space 3}0.000{col 62}{space 4} 347.9652{col 75}{space 3} 690.1402
{txt}{space 15}1949  {c |}{col 22}{res}{space 2} 74.92921{col 34}{space 2} 107.5987{col 45}{space 1}    0.70{col 54}{space 3}0.486{col 62}{space 4}-136.0893{col 75}{space 3} 285.9477
{txt}{space 15}1950  {c |}{col 22}{res}{space 2} 585.2482{col 34}{space 2} 102.3616{col 45}{space 1}    5.72{col 54}{space 3}0.000{col 62}{space 4} 384.5005{col 75}{space 3}  785.996
{txt}{space 15}1951  {c |}{col 22}{res}{space 2} 420.4457{col 34}{space 2} 104.3915{col 45}{space 1}    4.03{col 54}{space 3}0.000{col 62}{space 4} 215.7171{col 75}{space 3} 625.1743
{txt}{space 15}1952  {c |}{col 22}{res}{space 2}  470.972{col 34}{space 2} 85.80268{col 45}{space 1}    5.49{col 54}{space 3}0.000{col 62}{space 4}  302.699{col 75}{space 3}  639.245
{txt}{space 15}1953  {c |}{col 22}{res}{space 2} 358.1822{col 34}{space 2}  90.0859{col 45}{space 1}    3.98{col 54}{space 3}0.000{col 62}{space 4} 181.5092{col 75}{space 3} 534.8553
{txt}{space 15}1954  {c |}{col 22}{res}{space 2} 138.8335{col 34}{space 2} 87.31942{col 45}{space 1}    1.59{col 54}{space 3}0.112{col 62}{space 4}-32.41402{col 75}{space 3} 310.0811
{txt}{space 15}1955  {c |}{col 22}{res}{space 2} 687.3678{col 34}{space 2} 84.47813{col 45}{space 1}    8.14{col 54}{space 3}0.000{col 62}{space 4} 521.6925{col 75}{space 3} 853.0431
{txt}{space 15}1956  {c |}{col 22}{res}{space 2} 391.0704{col 34}{space 2} 102.5572{col 45}{space 1}    3.81{col 54}{space 3}0.000{col 62}{space 4} 189.9391{col 75}{space 3} 592.2017
{txt}{space 15}1957  {c |}{col 22}{res}{space 2} 338.3545{col 34}{space 2} 99.54094{col 45}{space 1}    3.40{col 54}{space 3}0.001{col 62}{space 4} 143.1386{col 75}{space 3} 533.5705
{txt}{space 15}1958  {c |}{col 22}{res}{space 2} 305.0855{col 34}{space 2}  91.9165{col 45}{space 1}    3.32{col 54}{space 3}0.001{col 62}{space 4} 124.8223{col 75}{space 3} 485.3487
{txt}{space 15}1959  {c |}{col 22}{res}{space 2}  620.872{col 34}{space 2} 93.96629{col 45}{space 1}    6.61{col 54}{space 3}0.000{col 62}{space 4} 436.5889{col 75}{space 3} 805.1552
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 312.5423{col 34}{space 2} 112.0854{col 45}{space 1}    2.79{col 54}{space 3}0.005{col 62}{space 4} 92.72473{col 75}{space 3}   532.36
{txt}{space 15}1961  {c |}{col 22}{res}{space 2} 423.4701{col 34}{space 2} 100.4295{col 45}{space 1}    4.22{col 54}{space 3}0.000{col 62}{space 4} 226.5117{col 75}{space 3} 620.4286
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 696.7648{col 34}{space 2} 101.3354{col 45}{space 1}    6.88{col 54}{space 3}0.000{col 62}{space 4} 498.0297{col 75}{space 3}    895.5
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 418.4173{col 34}{space 2} 97.93052{col 45}{space 1}    4.27{col 54}{space 3}0.000{col 62}{space 4} 226.3597{col 75}{space 3}  610.475
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 624.9486{col 34}{space 2} 96.38543{col 45}{space 1}    6.48{col 54}{space 3}0.000{col 62}{space 4} 435.9212{col 75}{space 3} 813.9761
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 731.1024{col 34}{space 2} 101.7234{col 45}{space 1}    7.19{col 54}{space 3}0.000{col 62}{space 4} 531.6063{col 75}{space 3} 930.5985
{txt}{space 15}1966  {c |}{col 22}{res}{space 2}  675.857{col 34}{space 2} 105.1065{col 45}{space 1}    6.43{col 54}{space 3}0.000{col 62}{space 4}  469.726{col 75}{space 3} 881.9879
{txt}{space 15}1967  {c |}{col 22}{res}{space 2} 592.2478{col 34}{space 2} 97.87963{col 45}{space 1}    6.05{col 54}{space 3}0.000{col 62}{space 4} 400.2899{col 75}{space 3} 784.2056
{txt}{space 15}1968  {c |}{col 22}{res}{space 2} 705.4606{col 34}{space 2} 98.72842{col 45}{space 1}    7.15{col 54}{space 3}0.000{col 62}{space 4} 511.8382{col 75}{space 3} 899.0831
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 691.3239{col 34}{space 2} 102.7003{col 45}{space 1}    6.73{col 54}{space 3}0.000{col 62}{space 4}  489.912{col 75}{space 3} 892.7359
{txt}{space 15}1970  {c |}{col 22}{res}{space 2} 491.0284{col 34}{space 2} 101.0912{col 45}{space 1}    4.86{col 54}{space 3}0.000{col 62}{space 4} 292.7722{col 75}{space 3} 689.2845
{txt}{space 15}1971  {c |}{col 22}{res}{space 2} 653.8291{col 34}{space 2} 88.56597{col 45}{space 1}    7.38{col 54}{space 3}0.000{col 62}{space 4} 480.1368{col 75}{space 3} 827.5213
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 981.0891{col 34}{space 2} 98.02584{col 45}{space 1}   10.01{col 54}{space 3}0.000{col 62}{space 4} 788.8445{col 75}{space 3} 1173.334
{txt}{space 15}1973  {c |}{col 22}{res}{space 2} 1003.032{col 34}{space 2} 149.7798{col 45}{space 1}    6.70{col 54}{space 3}0.000{col 62}{space 4} 709.2896{col 75}{space 3} 1296.775
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 206.5301{col 34}{space 2} 99.77476{col 45}{space 1}    2.07{col 54}{space 3}0.039{col 62}{space 4} 10.85564{col 75}{space 3} 402.2046
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 516.2719{col 34}{space 2} 112.3336{col 45}{space 1}    4.60{col 54}{space 3}0.000{col 62}{space 4} 295.9675{col 75}{space 3} 736.5762
{txt}{space 15}1976  {c |}{col 22}{res}{space 2} 792.3036{col 34}{space 2} 101.6595{col 45}{space 1}    7.79{col 54}{space 3}0.000{col 62}{space 4} 592.9329{col 75}{space 3} 991.6744
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 536.3503{col 34}{space 2} 137.1671{col 45}{space 1}    3.91{col 54}{space 3}0.000{col 62}{space 4} 267.3433{col 75}{space 3} 805.3573
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 831.2766{col 34}{space 2} 120.5112{col 45}{space 1}    6.90{col 54}{space 3}0.000{col 62}{space 4} 594.9346{col 75}{space 3} 1067.619
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 297.7244{col 34}{space 2} 98.27263{col 45}{space 1}    3.03{col 54}{space 3}0.002{col 62}{space 4} 104.9959{col 75}{space 3}  490.453
{txt}{space 15}1980  {c |}{col 22}{res}{space 2} 131.5709{col 34}{space 2} 102.4764{col 45}{space 1}    1.28{col 54}{space 3}0.199{col 62}{space 4}-69.40194{col 75}{space 3} 332.5438
{txt}{space 15}1981  {c |}{col 22}{res}{space 2} 639.7882{col 34}{space 2} 92.43366{col 45}{space 1}    6.92{col 54}{space 3}0.000{col 62}{space 4} 458.5108{col 75}{space 3} 821.0656
{txt}{space 15}1982  {c |}{col 22}{res}{space 2} 459.9125{col 34}{space 2} 113.1481{col 45}{space 1}    4.06{col 54}{space 3}0.000{col 62}{space 4} 238.0108{col 75}{space 3} 681.8142
{txt}{space 15}1983  {c |}{col 22}{res}{space 2}  646.799{col 34}{space 2} 111.4458{col 45}{space 1}    5.80{col 54}{space 3}0.000{col 62}{space 4} 428.2358{col 75}{space 3} 865.3623
{txt}{space 15}1984  {c |}{col 22}{res}{space 2} 951.9015{col 34}{space 2} 101.4569{col 45}{space 1}    9.38{col 54}{space 3}0.000{col 62}{space 4} 752.9281{col 75}{space 3} 1150.875
{txt}{space 15}1985  {c |}{col 22}{res}{space 2} 616.9866{col 34}{space 2} 106.9317{col 45}{space 1}    5.77{col 54}{space 3}0.000{col 62}{space 4} 407.2762{col 75}{space 3} 826.6969
{txt}{space 15}1986  {c |}{col 22}{res}{space 2} 832.9262{col 34}{space 2} 94.06731{col 45}{space 1}    8.85{col 54}{space 3}0.000{col 62}{space 4} 648.4449{col 75}{space 3} 1017.407
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 646.8713{col 34}{space 2} 97.75395{col 45}{space 1}    6.62{col 54}{space 3}0.000{col 62}{space 4} 455.1599{col 75}{space 3} 838.5826
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 789.8542{col 34}{space 2} 112.7745{col 45}{space 1}    7.00{col 54}{space 3}0.000{col 62}{space 4} 568.6852{col 75}{space 3} 1011.023
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 794.2977{col 34}{space 2} 109.0994{col 45}{space 1}    7.28{col 54}{space 3}0.000{col 62}{space 4}  580.336{col 75}{space 3} 1008.259
{txt}{space 15}1990  {c |}{col 22}{res}{space 2} 451.3809{col 34}{space 2} 112.7093{col 45}{space 1}    4.00{col 54}{space 3}0.000{col 62}{space 4} 230.3397{col 75}{space 3} 672.4222
{txt}{space 15}1991  {c |}{col 22}{res}{space 2} 404.7438{col 34}{space 2} 104.3777{col 45}{space 1}    3.88{col 54}{space 3}0.000{col 62}{space 4} 200.0421{col 75}{space 3} 609.4455
{txt}{space 15}1992  {c |}{col 22}{res}{space 2} 914.2248{col 34}{space 2} 103.0398{col 45}{space 1}    8.87{col 54}{space 3}0.000{col 62}{space 4} 712.1471{col 75}{space 3} 1116.302
{txt}{space 15}1993  {c |}{col 22}{res}{space 2} 464.0385{col 34}{space 2} 121.2472{col 45}{space 1}    3.83{col 54}{space 3}0.000{col 62}{space 4} 226.2532{col 75}{space 3} 701.8239
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 803.2469{col 34}{space 2} 113.4817{col 45}{space 1}    7.08{col 54}{space 3}0.000{col 62}{space 4} 580.6908{col 75}{space 3} 1025.803
{txt}{space 15}1995  {c |}{col 22}{res}{space 2} 639.4274{col 34}{space 2} 114.0243{col 45}{space 1}    5.61{col 54}{space 3}0.000{col 62}{space 4} 415.8072{col 75}{space 3} 863.0476
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 840.5171{col 34}{space 2} 116.7514{col 45}{space 1}    7.20{col 54}{space 3}0.000{col 62}{space 4} 611.5487{col 75}{space 3} 1069.485
{txt}{space 15}1997  {c |}{col 22}{res}{space 2} 855.4055{col 34}{space 2} 114.7172{col 45}{space 1}    7.46{col 54}{space 3}0.000{col 62}{space 4} 630.4264{col 75}{space 3} 1080.385
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 1215.498{col 34}{space 2}  119.464{col 45}{space 1}   10.17{col 54}{space 3}0.000{col 62}{space 4} 981.2094{col 75}{space 3} 1449.786
{txt}{space 15}1999  {c |}{col 22}{res}{space 2} 680.1345{col 34}{space 2} 127.7139{col 45}{space 1}    5.33{col 54}{space 3}0.000{col 62}{space 4} 429.6669{col 75}{space 3} 930.6021
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 1179.638{col 34}{space 2} 118.0401{col 45}{space 1}    9.99{col 54}{space 3}0.000{col 62}{space 4} 948.1419{col 75}{space 3} 1411.134
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 605.6024{col 34}{space 2} 134.4819{col 45}{space 1}    4.50{col 54}{space 3}0.000{col 62}{space 4} 341.8617{col 75}{space 3} 869.3432
{txt}{space 15}2002  {c |}{col 22}{res}{space 2} 618.0072{col 34}{space 2} 127.2794{col 45}{space 1}    4.86{col 54}{space 3}0.000{col 62}{space 4} 368.3916{col 75}{space 3} 867.6229
{txt}{space 15}2003  {c |}{col 22}{res}{space 2} 791.8982{col 34}{space 2} 124.9087{col 45}{space 1}    6.34{col 54}{space 3}0.000{col 62}{space 4}  546.932{col 75}{space 3} 1036.864
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 1024.305{col 34}{space 2} 137.7944{col 45}{space 1}    7.43{col 54}{space 3}0.000{col 62}{space 4} 754.0675{col 75}{space 3} 1294.542
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 662.5479{col 34}{space 2} 143.9809{col 45}{space 1}    4.60{col 54}{space 3}0.000{col 62}{space 4} 380.1781{col 75}{space 3} 944.9177
{txt}{space 15}2006  {c |}{col 22}{res}{space 2} 1188.112{col 34}{space 2} 150.6278{col 45}{space 1}    7.89{col 54}{space 3}0.000{col 62}{space 4} 892.7066{col 75}{space 3} 1483.518
{txt}{space 15}2007  {c |}{col 22}{res}{space 2} 897.2044{col 34}{space 2} 140.5557{col 45}{space 1}    6.38{col 54}{space 3}0.000{col 62}{space 4} 621.5518{col 75}{space 3} 1172.857
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 719.1965{col 34}{space 2} 155.2966{col 45}{space 1}    4.63{col 54}{space 3}0.000{col 62}{space 4} 414.6348{col 75}{space 3} 1023.758
{txt}{space 15}2009  {c |}{col 22}{res}{space 2}-113.9052{col 34}{space 2} 147.9559{col 45}{space 1}   -0.77{col 54}{space 3}0.441{col 62}{space 4}-404.0707{col 75}{space 3} 176.2604
{txt}{space 15}2010  {c |}{col 22}{res}{space 2} 1154.505{col 34}{space 2} 132.2972{col 45}{space 1}    8.73{col 54}{space 3}0.000{col 62}{space 4} 895.0482{col 75}{space 3} 1413.961
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2}-788.6118{col 34}{space 2} 314.5798{col 45}{space 1}   -2.51{col 54}{space 3}0.012{col 62}{space 4}-1405.554{col 75}{space 3}-171.6697
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallfull if nonsouth==1
{txt}(option xb assumed; fitted values)
(1,239 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,  1981) ={res}   14.78
{txt}{col 13}Prob > F ={res}    0.0001
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,  1981) ={res}    7.52
{txt}{col 13}Prob > F ={res}    0.0006
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} .5263884{col 26}{space 2} 1.260003{col 37}{space 1}    0.42{col 46}{space 3}0.676{col 54}{space 4}-1.944682{col 67}{space 3} 2.997459
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-18.11293{col 26}{space 2} 13.49886{col 37}{space 1}   -1.34{col 46}{space 3}0.180{col 54}{space 4}-44.57021{col 67}{space 3} 8.344345
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
.  
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. qui reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1  i.state_fips i.year if nonsouth==1
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}     2,068{col 27}-7799.242{col 38}-7495.424{col 49}   114{col 58} 15218.85{col 69} 15861.16
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1  i.state_fips i.year if nonsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}     2,068
{txt}maximum lag: {res}8{col 49}{txt}F(113,      1954){col 67}= {res}      3.85
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1442616{col 29}{space 2} .0183891{col 40}{space 1}   -7.84{col 49}{space 3}0.000{col 57}{space 4} -.180326{col 70}{space 3}-.1081973
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0000854{col 29}{space 2}  .000233{col 40}{space 1}   -0.37{col 49}{space 3}0.714{col 57}{space 4}-.0005423{col 70}{space 3} .0003716
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0455323{col 29}{space 2} .0145731{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} .0169518{col 70}{space 3} .0741128
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0017415{col 29}{space 2} .0008005{col 40}{space 1}   -2.18{col 49}{space 3}0.030{col 57}{space 4}-.0033114{col 70}{space 3}-.0001716
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} -.225702{col 29}{space 2} .0417682{col 40}{space 1}   -5.40{col 49}{space 3}0.000{col 57}{space 4}-.3076169{col 70}{space 3}-.1437871
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} -.000354{col 29}{space 2} .0008236{col 40}{space 1}   -0.43{col 49}{space 3}0.667{col 57}{space 4}-.0019693{col 70}{space 3} .0012613
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0203428{col 29}{space 2} .0108805{col 40}{space 1}    1.87{col 49}{space 3}0.062{col 57}{space 4}-.0009959{col 70}{space 3} .0416815
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0003326{col 29}{space 2} .0008965{col 40}{space 1}    0.37{col 49}{space 3}0.711{col 57}{space 4}-.0014257{col 70}{space 3} .0020908
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.1075316{col 29}{space 2} .0388155{col 40}{space 1}   -2.77{col 49}{space 3}0.006{col 57}{space 4}-.1836557{col 70}{space 3}-.0314076
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0005473{col 29}{space 2}  .000975{col 40}{space 1}   -0.56{col 49}{space 3}0.575{col 57}{space 4}-.0024596{col 70}{space 3} .0013649
{txt}{space 15} {c |}
{space 6}gov_party {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0586077{col 29}{space 2} .6551226{col 40}{space 1}    0.09{col 49}{space 3}0.929{col 57}{space 4}-1.226205{col 70}{space 3}  1.34342
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-.3050708{col 29}{space 2} .4776817{col 40}{space 1}   -0.64{col 49}{space 3}0.523{col 57}{space 4} -1.24189{col 70}{space 3} .6317485
{txt}{space 15} {c |}
{space 4}dem_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.074407{col 29}{space 2} 1.049066{col 40}{space 1}    1.02{col 49}{space 3}0.306{col 57}{space 4}-.9829978{col 70}{space 3} 3.131812
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-.4853079{col 29}{space 2} .6684803{col 40}{space 1}   -0.73{col 49}{space 3}0.468{col 57}{space 4}-1.796317{col 70}{space 3} .8257014
{txt}{space 15} {c |}
{space 4}rep_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.465099{col 29}{space 2} .8569002{col 40}{space 1}    1.71{col 49}{space 3}0.087{col 57}{space 4}-.2154353{col 70}{space 3} 3.145634
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-1.433098{col 29}{space 2} .5654747{col 40}{space 1}   -2.53{col 49}{space 3}0.011{col 57}{space 4}-2.542095{col 70}{space 3}-.3241007
{txt}{space 15} {c |}
{space 1}electedjudges1 {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}  .441293{col 29}{space 2} .8813482{col 40}{space 1}    0.50{col 49}{space 3}0.617{col 57}{space 4}-1.287188{col 70}{space 3} 2.169774
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-4.708377{col 29}{space 2} 4.040176{col 40}{space 1}   -1.17{col 49}{space 3}0.244{col 57}{space 4}-12.63188{col 70}{space 3} 3.215131
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}4  {c |}{col 17}{res}{space 2}-2.162389{col 29}{space 2} 2.058667{col 40}{space 1}   -1.05{col 49}{space 3}0.294{col 57}{space 4}-6.199803{col 70}{space 3} 1.875025
{txt}{space 13}6  {c |}{col 17}{res}{space 2}-1.302267{col 29}{space 2} 1.671539{col 40}{space 1}   -0.78{col 49}{space 3}0.436{col 57}{space 4}-4.580454{col 70}{space 3}  1.97592
{txt}{space 13}8  {c |}{col 17}{res}{space 2}-.4367425{col 29}{space 2} 1.856819{col 40}{space 1}   -0.24{col 49}{space 3}0.814{col 57}{space 4}-4.078297{col 70}{space 3} 3.204812
{txt}{space 13}9  {c |}{col 17}{res}{space 2}-1.456201{col 29}{space 2} 1.769629{col 40}{space 1}   -0.82{col 49}{space 3}0.411{col 57}{space 4}-4.926759{col 70}{space 3} 2.014357
{txt}{space 12}15  {c |}{col 17}{res}{space 2}-8.004537{col 29}{space 2} 2.140499{col 40}{space 1}   -3.74{col 49}{space 3}0.000{col 57}{space 4}-12.20244{col 70}{space 3}-3.806636
{txt}{space 12}16  {c |}{col 17}{res}{space 2}-4.860307{col 29}{space 2} 2.525291{col 40}{space 1}   -1.92{col 49}{space 3}0.054{col 57}{space 4}-9.812854{col 70}{space 3} .0922396
{txt}{space 12}17  {c |}{col 17}{res}{space 2} .2687126{col 29}{space 2} 1.609972{col 40}{space 1}    0.17{col 49}{space 3}0.867{col 57}{space 4}-2.888731{col 70}{space 3} 3.426156
{txt}{space 12}18  {c |}{col 17}{res}{space 2}-1.264132{col 29}{space 2} 2.001738{col 40}{space 1}   -0.63{col 49}{space 3}0.528{col 57}{space 4}-5.189898{col 70}{space 3} 2.661634
{txt}{space 12}19  {c |}{col 17}{res}{space 2}-1.496902{col 29}{space 2} 2.082515{col 40}{space 1}   -0.72{col 49}{space 3}0.472{col 57}{space 4}-5.581087{col 70}{space 3} 2.587282
{txt}{space 12}20  {c |}{col 17}{res}{space 2} -3.02363{col 29}{space 2} 2.036111{col 40}{space 1}   -1.49{col 49}{space 3}0.138{col 57}{space 4}-7.016807{col 70}{space 3} .9695468
{txt}{space 12}23  {c |}{col 17}{res}{space 2}-.9794864{col 29}{space 2}  2.28053{col 40}{space 1}   -0.43{col 49}{space 3}0.668{col 57}{space 4}-5.452013{col 70}{space 3}  3.49304
{txt}{space 12}25  {c |}{col 17}{res}{space 2}-5.291682{col 29}{space 2} 2.181002{col 40}{space 1}   -2.43{col 49}{space 3}0.015{col 57}{space 4}-9.569018{col 70}{space 3}-1.014347
{txt}{space 12}26  {c |}{col 17}{res}{space 2}-.5525725{col 29}{space 2} 1.988123{col 40}{space 1}   -0.28{col 49}{space 3}0.781{col 57}{space 4}-4.451636{col 70}{space 3} 3.346491
{txt}{space 12}27  {c |}{col 17}{res}{space 2}-1.583145{col 29}{space 2} 2.103938{col 40}{space 1}   -0.75{col 49}{space 3}0.452{col 57}{space 4}-5.709343{col 70}{space 3} 2.543054
{txt}{space 12}29  {c |}{col 17}{res}{space 2}-2.497395{col 29}{space 2} 2.091309{col 40}{space 1}   -1.19{col 49}{space 3}0.233{col 57}{space 4}-6.598826{col 70}{space 3} 1.604035
{txt}{space 12}30  {c |}{col 17}{res}{space 2} .0239354{col 29}{space 2} 2.056141{col 40}{space 1}    0.01{col 49}{space 3}0.991{col 57}{space 4}-4.008526{col 70}{space 3} 4.056396
{txt}{space 12}32  {c |}{col 17}{res}{space 2}-.6407715{col 29}{space 2} 2.279163{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4}-5.110619{col 70}{space 3} 3.829075
{txt}{space 12}33  {c |}{col 17}{res}{space 2}-3.056172{col 29}{space 2} 1.881932{col 40}{space 1}   -1.62{col 49}{space 3}0.105{col 57}{space 4}-6.746977{col 70}{space 3} .6346325
{txt}{space 12}34  {c |}{col 17}{res}{space 2}-.9879983{col 29}{space 2} 1.802282{col 40}{space 1}   -0.55{col 49}{space 3}0.584{col 57}{space 4}-4.522596{col 70}{space 3}   2.5466
{txt}{space 12}35  {c |}{col 17}{res}{space 2}-3.287174{col 29}{space 2} 2.666693{col 40}{space 1}   -1.23{col 49}{space 3}0.218{col 57}{space 4}-8.517035{col 70}{space 3} 1.942688
{txt}{space 12}36  {c |}{col 17}{res}{space 2} .3372277{col 29}{space 2} 1.559024{col 40}{space 1}    0.22{col 49}{space 3}0.829{col 57}{space 4}-2.720298{col 70}{space 3} 3.394753
{txt}{space 12}38  {c |}{col 17}{res}{space 2}-3.933859{col 29}{space 2} 2.700026{col 40}{space 1}   -1.46{col 49}{space 3}0.145{col 57}{space 4}-9.229093{col 70}{space 3} 1.361375
{txt}{space 12}39  {c |}{col 17}{res}{space 2}-1.770451{col 29}{space 2} 2.024098{col 40}{space 1}   -0.87{col 49}{space 3}0.382{col 57}{space 4}-5.740069{col 70}{space 3} 2.199167
{txt}{space 12}41  {c |}{col 17}{res}{space 2}-.7809751{col 29}{space 2}  2.13273{col 40}{space 1}   -0.37{col 49}{space 3}0.714{col 57}{space 4}-4.963641{col 70}{space 3}  3.40169
{txt}{space 12}42  {c |}{col 17}{res}{space 2} .3797084{col 29}{space 2} 1.752981{col 40}{space 1}    0.22{col 49}{space 3}0.829{col 57}{space 4}  -3.0582{col 70}{space 3} 3.817617
{txt}{space 12}44  {c |}{col 17}{res}{space 2}-6.077776{col 29}{space 2} 2.410342{col 40}{space 1}   -2.52{col 49}{space 3}0.012{col 57}{space 4}-10.80489{col 70}{space 3}-1.350664
{txt}{space 12}46  {c |}{col 17}{res}{space 2}-4.157133{col 29}{space 2} 2.398756{col 40}{space 1}   -1.73{col 49}{space 3}0.083{col 57}{space 4}-8.861523{col 70}{space 3} .5472558
{txt}{space 12}49  {c |}{col 17}{res}{space 2}-3.220669{col 29}{space 2} 2.606976{col 40}{space 1}   -1.24{col 49}{space 3}0.217{col 57}{space 4}-8.333414{col 70}{space 3} 1.892077
{txt}{space 12}50  {c |}{col 17}{res}{space 2}-2.583472{col 29}{space 2} 2.199865{col 40}{space 1}   -1.17{col 49}{space 3}0.240{col 57}{space 4}  -6.8978{col 70}{space 3} 1.730857
{txt}{space 12}53  {c |}{col 17}{res}{space 2}-.2253567{col 29}{space 2} 2.072825{col 40}{space 1}   -0.11{col 49}{space 3}0.913{col 57}{space 4}-4.290536{col 70}{space 3} 3.839823
{txt}{space 12}55  {c |}{col 17}{res}{space 2}-.7631154{col 29}{space 2} 1.989961{col 40}{space 1}   -0.38{col 49}{space 3}0.701{col 57}{space 4}-4.665784{col 70}{space 3} 3.139553
{txt}{space 12}56  {c |}{col 17}{res}{space 2}-3.466609{col 29}{space 2} 1.898036{col 40}{space 1}   -1.83{col 49}{space 3}0.068{col 57}{space 4}-7.188996{col 70}{space 3}  .255778
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 9.504244{col 29}{space 2} 2.886973{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4} 3.842374{col 70}{space 3} 15.16611
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 26.84642{col 29}{space 2}  5.12284{col 40}{space 1}    5.24{col 49}{space 3}0.000{col 57}{space 4} 16.79962{col 70}{space 3} 36.89323
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 12.22495{col 29}{space 2} 3.185808{col 40}{space 1}    3.84{col 49}{space 3}0.000{col 57}{space 4} 5.977015{col 70}{space 3} 18.47289
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 8.777539{col 29}{space 2} 3.478914{col 40}{space 1}    2.52{col 49}{space 3}0.012{col 57}{space 4} 1.954766{col 70}{space 3} 15.60031
{txt}{space 10}1952  {c |}{col 17}{res}{space 2} 10.70344{col 29}{space 2} 3.184955{col 40}{space 1}    3.36{col 49}{space 3}0.001{col 57}{space 4} 4.457173{col 70}{space 3} 16.94971
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 8.471453{col 29}{space 2} 4.288401{col 40}{space 1}    1.98{col 49}{space 3}0.048{col 57}{space 4} .0611312{col 70}{space 3} 16.88177
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 10.72232{col 29}{space 2} 3.142778{col 40}{space 1}    3.41{col 49}{space 3}0.001{col 57}{space 4} 4.558774{col 70}{space 3} 16.88587
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 20.09776{col 29}{space 2} 3.864798{col 40}{space 1}    5.20{col 49}{space 3}0.000{col 57}{space 4}  12.5182{col 70}{space 3} 27.67732
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 12.63577{col 29}{space 2} 3.235663{col 40}{space 1}    3.91{col 49}{space 3}0.000{col 57}{space 4} 6.290053{col 70}{space 3} 18.98148
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 17.73032{col 29}{space 2}   4.4162{col 40}{space 1}    4.01{col 49}{space 3}0.000{col 57}{space 4} 9.069367{col 70}{space 3} 26.39128
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 13.44668{col 29}{space 2} 3.301986{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 6.970899{col 70}{space 3} 19.92247
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 18.94815{col 29}{space 2} 4.469367{col 40}{space 1}    4.24{col 49}{space 3}0.000{col 57}{space 4} 10.18292{col 70}{space 3} 27.71338
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 14.04639{col 29}{space 2} 3.347451{col 40}{space 1}    4.20{col 49}{space 3}0.000{col 57}{space 4} 7.481445{col 70}{space 3} 20.61134
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 13.54313{col 29}{space 2} 4.121875{col 40}{space 1}    3.29{col 49}{space 3}0.001{col 57}{space 4}   5.4594{col 70}{space 3} 21.62687
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 14.18144{col 29}{space 2} 3.284722{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 7.739518{col 70}{space 3} 20.62337
{txt}{space 10}1963  {c |}{col 17}{res}{space 2} 13.07108{col 29}{space 2} 3.610761{col 40}{space 1}    3.62{col 49}{space 3}0.000{col 57}{space 4} 5.989736{col 70}{space 3} 20.15243
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 13.49479{col 29}{space 2} 3.321089{col 40}{space 1}    4.06{col 49}{space 3}0.000{col 57}{space 4} 6.981538{col 70}{space 3} 20.00804
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 17.39531{col 29}{space 2} 4.073595{col 40}{space 1}    4.27{col 49}{space 3}0.000{col 57}{space 4}  9.40626{col 70}{space 3} 25.38436
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 14.05958{col 29}{space 2} 3.447752{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4} 7.297927{col 70}{space 3} 20.82124
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 15.74657{col 29}{space 2} 5.268812{col 40}{space 1}    2.99{col 49}{space 3}0.003{col 57}{space 4} 5.413487{col 70}{space 3} 26.07965
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 14.23726{col 29}{space 2} 3.451361{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 7.468521{col 70}{space 3} 21.00599
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 14.23816{col 29}{space 2} 4.003162{col 40}{space 1}    3.56{col 49}{space 3}0.000{col 57}{space 4} 6.387244{col 70}{space 3} 22.08908
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 13.65649{col 29}{space 2} 3.302776{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 7.179153{col 70}{space 3} 20.13382
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 19.45607{col 29}{space 2} 3.903363{col 40}{space 1}    4.98{col 49}{space 3}0.000{col 57}{space 4} 11.80088{col 70}{space 3} 27.11126
{txt}{space 10}1972  {c |}{col 17}{res}{space 2} 16.62105{col 29}{space 2}  3.54933{col 40}{space 1}    4.68{col 49}{space 3}0.000{col 57}{space 4} 9.660182{col 70}{space 3} 23.58192
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 15.00655{col 29}{space 2} 4.152411{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 6.862928{col 70}{space 3} 23.15017
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 13.49905{col 29}{space 2} 3.689444{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 6.263386{col 70}{space 3} 20.73471
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 11.86894{col 29}{space 2} 4.714678{col 40}{space 1}    2.52{col 49}{space 3}0.012{col 57}{space 4} 2.622612{col 70}{space 3} 21.11527
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 15.12828{col 29}{space 2} 3.628913{col 40}{space 1}    4.17{col 49}{space 3}0.000{col 57}{space 4} 8.011338{col 70}{space 3} 22.24523
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 13.43945{col 29}{space 2} 4.242205{col 40}{space 1}    3.17{col 49}{space 3}0.002{col 57}{space 4}  5.11973{col 70}{space 3} 21.75917
{txt}{space 10}1978  {c |}{col 17}{res}{space 2}  15.1824{col 29}{space 2} 3.638049{col 40}{space 1}    4.17{col 49}{space 3}0.000{col 57}{space 4} 8.047533{col 70}{space 3} 22.31726
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 14.23217{col 29}{space 2} 3.946849{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 6.491693{col 70}{space 3} 21.97264
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 13.97243{col 29}{space 2} 3.561522{col 40}{space 1}    3.92{col 49}{space 3}0.000{col 57}{space 4} 6.987652{col 70}{space 3} 20.95722
{txt}{space 10}1981  {c |}{col 17}{res}{space 2} 15.43863{col 29}{space 2} 3.989273{col 40}{space 1}    3.87{col 49}{space 3}0.000{col 57}{space 4} 7.614955{col 70}{space 3} 23.26231
{txt}{space 10}1982  {c |}{col 17}{res}{space 2} 14.87505{col 29}{space 2} 3.686599{col 40}{space 1}    4.03{col 49}{space 3}0.000{col 57}{space 4} 7.644972{col 70}{space 3} 22.10513
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 15.14823{col 29}{space 2} 4.041605{col 40}{space 1}    3.75{col 49}{space 3}0.000{col 57}{space 4} 7.221917{col 70}{space 3} 23.07454
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} 15.54122{col 29}{space 2} 3.625378{col 40}{space 1}    4.29{col 49}{space 3}0.000{col 57}{space 4} 8.431202{col 70}{space 3} 22.65123
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} 16.12244{col 29}{space 2} 3.991061{col 40}{space 1}    4.04{col 49}{space 3}0.000{col 57}{space 4} 8.295256{col 70}{space 3} 23.94962
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} 15.57232{col 29}{space 2} 3.604322{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 8.503596{col 70}{space 3} 22.64104
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 17.82562{col 29}{space 2} 3.787259{col 40}{space 1}    4.71{col 49}{space 3}0.000{col 57}{space 4} 10.39813{col 70}{space 3} 25.25311
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} 15.52336{col 29}{space 2} 3.645534{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 8.373813{col 70}{space 3}  22.6729
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 17.34396{col 29}{space 2} 3.869306{col 40}{space 1}    4.48{col 49}{space 3}0.000{col 57}{space 4}  9.75556{col 70}{space 3} 24.93236
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 15.33564{col 29}{space 2} 3.663693{col 40}{space 1}    4.19{col 49}{space 3}0.000{col 57}{space 4} 8.150483{col 70}{space 3}  22.5208
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 17.19216{col 29}{space 2} 4.035787{col 40}{space 1}    4.26{col 49}{space 3}0.000{col 57}{space 4} 9.277259{col 70}{space 3} 25.10706
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 15.56006{col 29}{space 2} 3.812436{col 40}{space 1}    4.08{col 49}{space 3}0.000{col 57}{space 4}  8.08319{col 70}{space 3} 23.03693
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 16.02578{col 29}{space 2} 4.162508{col 40}{space 1}    3.85{col 49}{space 3}0.000{col 57}{space 4} 7.862356{col 70}{space 3}  24.1892
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 16.25408{col 29}{space 2} 3.830859{col 40}{space 1}    4.24{col 49}{space 3}0.000{col 57}{space 4} 8.741084{col 70}{space 3} 23.76708
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 11.58743{col 29}{space 2} 4.338976{col 40}{space 1}    2.67{col 49}{space 3}0.008{col 57}{space 4} 3.077924{col 70}{space 3} 20.09694
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 15.82862{col 29}{space 2} 3.821432{col 40}{space 1}    4.14{col 49}{space 3}0.000{col 57}{space 4}  8.33411{col 70}{space 3} 23.32313
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 13.57149{col 29}{space 2} 4.175909{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4} 5.381787{col 70}{space 3}  21.7612
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 16.34498{col 29}{space 2} 3.961256{col 40}{space 1}    4.13{col 49}{space 3}0.000{col 57}{space 4} 8.576245{col 70}{space 3} 24.11371
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 15.67086{col 29}{space 2} 4.131397{col 40}{space 1}    3.79{col 49}{space 3}0.000{col 57}{space 4} 7.568453{col 70}{space 3} 23.77327
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 16.45066{col 29}{space 2} 4.019639{col 40}{space 1}    4.09{col 49}{space 3}0.000{col 57}{space 4} 8.567432{col 70}{space 3} 24.33389
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 15.17812{col 29}{space 2}   4.1996{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 6.941957{col 70}{space 3} 23.41429
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 15.54495{col 29}{space 2} 4.087848{col 40}{space 1}    3.80{col 49}{space 3}0.000{col 57}{space 4} 7.527946{col 70}{space 3} 23.56195
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 13.71628{col 29}{space 2} 4.210553{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4} 5.458631{col 70}{space 3} 21.97392
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 15.80493{col 29}{space 2} 4.204089{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 7.559964{col 70}{space 3}  24.0499
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 13.51407{col 29}{space 2} 4.291463{col 40}{space 1}    3.15{col 49}{space 3}0.002{col 57}{space 4} 5.097743{col 70}{space 3}  21.9304
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 15.75478{col 29}{space 2} 4.219926{col 40}{space 1}    3.73{col 49}{space 3}0.000{col 57}{space 4}  7.47875{col 70}{space 3} 24.03081
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 15.56906{col 29}{space 2} 4.528103{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 6.688645{col 70}{space 3} 24.44948
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} 15.06103{col 29}{space 2} 4.318675{col 40}{space 1}    3.49{col 49}{space 3}0.000{col 57}{space 4} 6.591334{col 70}{space 3} 23.53072
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 11.30632{col 29}{space 2} 4.421257{col 40}{space 1}    2.56{col 49}{space 3}0.011{col 57}{space 4} 2.635441{col 70}{space 3} 19.97719
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 9.719361{col 29}{space 2} 5.070019{col 40}{space 1}    1.92{col 49}{space 3}0.055{col 57}{space 4}-.2238527{col 70}{space 3} 19.66258
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-1.083817{col 29}{space 2} 4.393771{col 40}{space 1}   -0.25{col 49}{space 3}0.805{col 57}{space 4}-9.700787{col 70}{space 3} 7.533153
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict klarnerranneyhatallfull if nonsouth==1
{txt}(option xb assumed; fitted values)
(1,271 missing values generated)

{com}. 
. 
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.klarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney = 0{p_end}

{txt}       F(  1,  1954) ={res}   61.54
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.klarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.klarnerranney = 0{p_end}

{txt}       F(  2,  1954) ={res}   30.77
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann +  l3.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann + L3D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-.0023103{col 26}{space 2}  .001484{col 37}{space 1}   -1.56{col 46}{space 3}0.120{col 54}{space 4}-.0052207{col 67}{space 3} .0006002
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-.0005916{col 26}{space 2} .0016131{col 37}{space 1}   -0.37{col 46}{space 3}0.714{col 54}{space 4}-.0037532{col 67}{space 3} .0025699
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. 
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. // (5,4)  MODEL
. 
. 
. 
. *** I.B: NON-SOUTHERN STATES (N = 35): PRE-PARTISAN ALIGNMENT TIME PERIOD (1942 -1980) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified  i.state_fips i.year if year <=1980 & nonsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}     1,080{col 27}-8012.053{col 38}-7582.621{col 49}    90{col 58} 15345.24{col 69} 15793.87
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified  i.state_fips i.year if year <=1980 & nonsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}     1,080
{txt}maximum lag: {res}6{col 49}{txt}F( 89,       990){col 67}= {res}     22.18
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.2123315{col 34}{space 2} .0422202{col 45}{space 1}   -5.03{col 54}{space 3}0.000{col 62}{space 4}-.2951828{col 75}{space 3}-.1294802
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-1.380916{col 34}{space 2} .7578034{col 45}{space 1}   -1.82{col 54}{space 3}0.069{col 62}{space 4}-2.868001{col 75}{space 3} .1061697
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .3861741{col 34}{space 2} .1146534{col 45}{space 1}    3.37{col 54}{space 3}0.001{col 62}{space 4} .1611825{col 75}{space 3} .6111656
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-1.501699{col 34}{space 2} .9974569{col 45}{space 1}   -1.51{col 54}{space 3}0.133{col 62}{space 4}-3.459072{col 75}{space 3} .4556736
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-.0596881{col 34}{space 2} .0766786{col 45}{space 1}   -0.78{col 54}{space 3}0.437{col 62}{space 4}-.2101592{col 75}{space 3} .0907831
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} 2.683728{col 34}{space 2} 1.019475{col 45}{space 1}    2.63{col 54}{space 3}0.009{col 62}{space 4} .6831482{col 75}{space 3} 4.684309
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0295191{col 34}{space 2} .0647918{col 45}{space 1}   -0.46{col 54}{space 3}0.649{col 62}{space 4} -.156664{col 75}{space 3} .0976259
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-.1011667{col 34}{space 2} .9986112{col 45}{space 1}   -0.10{col 54}{space 3}0.919{col 62}{space 4}-2.060804{col 75}{space 3} 1.858471
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L4D. {c |}{col 22}{res}{space 2} .0674539{col 34}{space 2} .0500722{col 45}{space 1}    1.35{col 54}{space 3}0.178{col 62}{space 4}-.0308059{col 75}{space 3} .1657136
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2} .8173199{col 34}{space 2} .9371073{col 45}{space 1}    0.87{col 54}{space 3}0.383{col 62}{space 4}-1.021625{col 75}{space 3} 2.656265
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-306.3832{col 34}{space 2} 247.1939{col 45}{space 1}   -1.24{col 54}{space 3}0.215{col 62}{space 4}-791.4674{col 75}{space 3}  178.701
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-102.1577{col 34}{space 2} 370.0559{col 45}{space 1}   -0.28{col 54}{space 3}0.783{col 62}{space 4}-828.3417{col 75}{space 3} 624.0264
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-19.72396{col 34}{space 2}  68.5045{col 45}{space 1}   -0.29{col 54}{space 3}0.773{col 62}{space 4}-154.1547{col 75}{space 3} 114.7067
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 242.8721{col 34}{space 2} 205.5427{col 45}{space 1}    1.18{col 54}{space 3}0.238{col 62}{space 4}-160.4773{col 75}{space 3} 646.2215
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 295.6694{col 34}{space 2} 248.9924{col 45}{space 1}    1.19{col 54}{space 3}0.235{col 62}{space 4} -192.944{col 75}{space 3} 784.2828
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 100.5242{col 34}{space 2} 717.7307{col 45}{space 1}    0.14{col 54}{space 3}0.889{col 62}{space 4}-1307.924{col 75}{space 3} 1508.972
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 666.0805{col 34}{space 2} 600.0811{col 45}{space 1}    1.11{col 54}{space 3}0.267{col 62}{space 4}-511.4966{col 75}{space 3} 1843.658
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 5461.219{col 34}{space 2}  1546.44{col 45}{space 1}    3.53{col 54}{space 3}0.000{col 62}{space 4} 2426.542{col 75}{space 3} 8495.896
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}  42.4693{col 34}{space 2} 31.14644{col 45}{space 1}    1.36{col 54}{space 3}0.173{col 62}{space 4}-18.65132{col 75}{space 3} 103.5899
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-12.02814{col 34}{space 2} 31.68619{col 45}{space 1}   -0.38{col 54}{space 3}0.704{col 62}{space 4}-74.20795{col 75}{space 3} 50.15166
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-32.12747{col 34}{space 2} 35.01502{col 45}{space 1}   -0.92{col 54}{space 3}0.359{col 62}{space 4}-100.8396{col 75}{space 3} 36.58472
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 20.98515{col 34}{space 2} 35.64998{col 45}{space 1}    0.59{col 54}{space 3}0.556{col 62}{space 4}-48.97305{col 75}{space 3} 90.94336
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-18.93708{col 34}{space 2} 31.35782{col 45}{space 1}   -0.60{col 54}{space 3}0.546{col 62}{space 4}-80.47252{col 75}{space 3} 42.59835
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-37.46485{col 34}{space 2} 39.63803{col 45}{space 1}   -0.95{col 54}{space 3}0.345{col 62}{space 4}-115.2491{col 75}{space 3} 40.31936
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}4  {c |}{col 22}{res}{space 2}-1251.907{col 34}{space 2} 344.5154{col 45}{space 1}   -3.63{col 54}{space 3}0.000{col 62}{space 4}-1927.972{col 75}{space 3} -575.843
{txt}{space 18}6  {c |}{col 22}{res}{space 2}-717.8102{col 34}{space 2} 286.4275{col 45}{space 1}   -2.51{col 54}{space 3}0.012{col 62}{space 4}-1279.885{col 75}{space 3}-155.7354
{txt}{space 18}8  {c |}{col 22}{res}{space 2}-1077.274{col 34}{space 2} 327.3777{col 45}{space 1}   -3.29{col 54}{space 3}0.001{col 62}{space 4}-1719.708{col 75}{space 3}-434.8403
{txt}{space 18}9  {c |}{col 22}{res}{space 2}-642.3565{col 34}{space 2} 284.7124{col 45}{space 1}   -2.26{col 54}{space 3}0.024{col 62}{space 4}-1201.066{col 75}{space 3}-83.64737
{txt}{space 17}15  {c |}{col 22}{res}{space 2}-676.7145{col 34}{space 2} 292.6026{col 45}{space 1}   -2.31{col 54}{space 3}0.021{col 62}{space 4}-1250.907{col 75}{space 3} -102.522
{txt}{space 17}16  {c |}{col 22}{res}{space 2} -1284.12{col 34}{space 2}  359.059{col 45}{space 1}   -3.58{col 54}{space 3}0.000{col 62}{space 4}-1988.725{col 75}{space 3}-579.5162
{txt}{space 17}17  {c |}{col 22}{res}{space 2} -802.859{col 34}{space 2}  290.266{col 45}{space 1}   -2.77{col 54}{space 3}0.006{col 62}{space 4}-1372.466{col 75}{space 3}-233.2516
{txt}{space 17}18  {c |}{col 22}{res}{space 2}-1127.589{col 34}{space 2} 323.2788{col 45}{space 1}   -3.49{col 54}{space 3}0.001{col 62}{space 4} -1761.98{col 75}{space 3}-493.1987
{txt}{space 17}19  {c |}{col 22}{res}{space 2}-1129.881{col 34}{space 2} 343.5072{col 45}{space 1}   -3.29{col 54}{space 3}0.001{col 62}{space 4}-1803.966{col 75}{space 3}-455.7946
{txt}{space 17}20  {c |}{col 22}{res}{space 2}-1160.342{col 34}{space 2} 337.2727{col 45}{space 1}   -3.44{col 54}{space 3}0.001{col 62}{space 4}-1822.193{col 75}{space 3}-498.4901
{txt}{space 17}23  {c |}{col 22}{res}{space 2}-1475.721{col 34}{space 2}  362.954{col 45}{space 1}   -4.07{col 54}{space 3}0.000{col 62}{space 4}-2187.969{col 75}{space 3}-763.4736
{txt}{space 17}25  {c |}{col 22}{res}{space 2}-989.2647{col 34}{space 2} 308.8451{col 45}{space 1}   -3.20{col 54}{space 3}0.001{col 62}{space 4}-1595.331{col 75}{space 3}-383.1984
{txt}{space 17}26  {c |}{col 22}{res}{space 2}-964.1984{col 34}{space 2} 302.5758{col 45}{space 1}   -3.19{col 54}{space 3}0.001{col 62}{space 4}-1557.962{col 75}{space 3}-370.4347
{txt}{space 17}27  {c |}{col 22}{res}{space 2}-1093.343{col 34}{space 2} 327.5281{col 45}{space 1}   -3.34{col 54}{space 3}0.001{col 62}{space 4}-1736.072{col 75}{space 3}-450.6144
{txt}{space 17}29  {c |}{col 22}{res}{space 2} -1219.72{col 34}{space 2} 339.0697{col 45}{space 1}   -3.60{col 54}{space 3}0.000{col 62}{space 4}-1885.098{col 75}{space 3}-554.3422
{txt}{space 17}30  {c |}{col 22}{res}{space 2}-1154.839{col 34}{space 2} 345.2029{col 45}{space 1}   -3.35{col 54}{space 3}0.001{col 62}{space 4}-1832.253{col 75}{space 3}-477.4258
{txt}{space 17}32  {c |}{col 22}{res}{space 2}-631.0196{col 34}{space 2} 289.1571{col 45}{space 1}   -2.18{col 54}{space 3}0.029{col 62}{space 4}-1198.451{col 75}{space 3} -63.5885
{txt}{space 17}33  {c |}{col 22}{res}{space 2}-1178.793{col 34}{space 2} 331.7918{col 45}{space 1}   -3.55{col 54}{space 3}0.000{col 62}{space 4}-1829.889{col 75}{space 3}-527.6969
{txt}{space 17}34  {c |}{col 22}{res}{space 2}-770.5292{col 34}{space 2} 289.2771{col 45}{space 1}   -2.66{col 54}{space 3}0.008{col 62}{space 4}-1338.196{col 75}{space 3}-202.8625
{txt}{space 17}35  {c |}{col 22}{res}{space 2}-1466.622{col 34}{space 2} 374.0925{col 45}{space 1}   -3.92{col 54}{space 3}0.000{col 62}{space 4}-2200.727{col 75}{space 3}-732.5164
{txt}{space 17}36  {c |}{col 22}{res}{space 2}-760.2867{col 34}{space 2}  286.498{col 45}{space 1}   -2.65{col 54}{space 3}0.008{col 62}{space 4}  -1322.5{col 75}{space 3}-198.0737
{txt}{space 17}38  {c |}{col 22}{res}{space 2}-1302.058{col 34}{space 2}  402.838{col 45}{space 1}   -3.23{col 54}{space 3}0.001{col 62}{space 4}-2092.573{col 75}{space 3}-511.5437
{txt}{space 17}39  {c |}{col 22}{res}{space 2}-1050.008{col 34}{space 2}  312.632{col 45}{space 1}   -3.36{col 54}{space 3}0.001{col 62}{space 4}-1663.505{col 75}{space 3}-436.5101
{txt}{space 17}41  {c |}{col 22}{res}{space 2}-1074.299{col 34}{space 2} 315.2438{col 45}{space 1}   -3.41{col 54}{space 3}0.001{col 62}{space 4}-1692.922{col 75}{space 3}-455.6759
{txt}{space 17}42  {c |}{col 22}{res}{space 2}-1074.772{col 34}{space 2} 315.6459{col 45}{space 1}   -3.40{col 54}{space 3}0.001{col 62}{space 4}-1694.184{col 75}{space 3}-455.3603
{txt}{space 17}44  {c |}{col 22}{res}{space 2} -1170.41{col 34}{space 2} 326.5803{col 45}{space 1}   -3.58{col 54}{space 3}0.000{col 62}{space 4} -1811.28{col 75}{space 3}-529.5412
{txt}{space 17}46  {c |}{col 22}{res}{space 2}-1313.632{col 34}{space 2}  401.207{col 45}{space 1}   -3.27{col 54}{space 3}0.001{col 62}{space 4}-2100.946{col 75}{space 3}-526.3177
{txt}{space 17}49  {c |}{col 22}{res}{space 2}-1346.966{col 34}{space 2} 353.8657{col 45}{space 1}   -3.81{col 54}{space 3}0.000{col 62}{space 4}-2041.379{col 75}{space 3}-652.5535
{txt}{space 17}50  {c |}{col 22}{res}{space 2}-1406.151{col 34}{space 2} 360.4724{col 45}{space 1}   -3.90{col 54}{space 3}0.000{col 62}{space 4}-2113.528{col 75}{space 3}-698.7729
{txt}{space 17}53  {c |}{col 22}{res}{space 2}-941.4887{col 34}{space 2} 304.3108{col 45}{space 1}   -3.09{col 54}{space 3}0.002{col 62}{space 4}-1538.657{col 75}{space 3}-344.3205
{txt}{space 17}55  {c |}{col 22}{res}{space 2}-1113.849{col 34}{space 2} 324.0311{col 45}{space 1}   -3.44{col 54}{space 3}0.001{col 62}{space 4}-1749.715{col 75}{space 3}-477.9822
{txt}{space 17}56  {c |}{col 22}{res}{space 2}-906.7529{col 34}{space 2} 329.8745{col 45}{space 1}   -2.75{col 54}{space 3}0.006{col 62}{space 4}-1554.086{col 75}{space 3}-259.4194
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1948  {c |}{col 22}{res}{space 2} 370.6887{col 34}{space 2} 99.58819{col 45}{space 1}    3.72{col 54}{space 3}0.000{col 62}{space 4} 175.2605{col 75}{space 3} 566.1169
{txt}{space 15}1949  {c |}{col 22}{res}{space 2}-53.60134{col 34}{space 2} 164.6987{col 45}{space 1}   -0.33{col 54}{space 3}0.745{col 62}{space 4}   -376.8{col 75}{space 3} 269.5973
{txt}{space 15}1950  {c |}{col 22}{res}{space 2}  505.406{col 34}{space 2} 158.0605{col 45}{space 1}    3.20{col 54}{space 3}0.001{col 62}{space 4}  195.234{col 75}{space 3} 815.5781
{txt}{space 15}1951  {c |}{col 22}{res}{space 2} 346.6638{col 34}{space 2} 170.8731{col 45}{space 1}    2.03{col 54}{space 3}0.043{col 62}{space 4} 11.34863{col 75}{space 3} 681.9789
{txt}{space 15}1952  {c |}{col 22}{res}{space 2} 412.6192{col 34}{space 2} 130.0359{col 45}{space 1}    3.17{col 54}{space 3}0.002{col 62}{space 4} 157.4415{col 75}{space 3} 667.7968
{txt}{space 15}1953  {c |}{col 22}{res}{space 2}  363.566{col 34}{space 2} 136.9674{col 45}{space 1}    2.65{col 54}{space 3}0.008{col 62}{space 4} 94.78629{col 75}{space 3} 632.3458
{txt}{space 15}1954  {c |}{col 22}{res}{space 2}   147.07{col 34}{space 2} 133.9734{col 45}{space 1}    1.10{col 54}{space 3}0.273{col 62}{space 4}-115.8345{col 75}{space 3} 409.9746
{txt}{space 15}1955  {c |}{col 22}{res}{space 2} 693.4507{col 34}{space 2} 118.6472{col 45}{space 1}    5.84{col 54}{space 3}0.000{col 62}{space 4} 460.6218{col 75}{space 3} 926.2795
{txt}{space 15}1956  {c |}{col 22}{res}{space 2} 423.7654{col 34}{space 2} 167.7932{col 45}{space 1}    2.53{col 54}{space 3}0.012{col 62}{space 4} 94.49422{col 75}{space 3} 753.0366
{txt}{space 15}1957  {c |}{col 22}{res}{space 2} 446.2115{col 34}{space 2} 152.2249{col 45}{space 1}    2.93{col 54}{space 3}0.003{col 62}{space 4} 147.4911{col 75}{space 3} 744.9319
{txt}{space 15}1958  {c |}{col 22}{res}{space 2} 415.6063{col 34}{space 2} 132.3064{col 45}{space 1}    3.14{col 54}{space 3}0.002{col 62}{space 4} 155.9731{col 75}{space 3} 675.2394
{txt}{space 15}1959  {c |}{col 22}{res}{space 2}  708.668{col 34}{space 2}  122.963{col 45}{space 1}    5.76{col 54}{space 3}0.000{col 62}{space 4} 467.3701{col 75}{space 3}  949.966
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 451.1644{col 34}{space 2} 178.0997{col 45}{space 1}    2.53{col 54}{space 3}0.011{col 62}{space 4} 101.6682{col 75}{space 3} 800.6606
{txt}{space 15}1961  {c |}{col 22}{res}{space 2} 597.3669{col 34}{space 2} 157.1796{col 45}{space 1}    3.80{col 54}{space 3}0.000{col 62}{space 4} 288.9234{col 75}{space 3} 905.8103
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 902.1874{col 34}{space 2} 158.2523{col 45}{space 1}    5.70{col 54}{space 3}0.000{col 62}{space 4} 591.6389{col 75}{space 3} 1212.736
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 601.4711{col 34}{space 2} 174.7156{col 45}{space 1}    3.44{col 54}{space 3}0.001{col 62}{space 4} 258.6157{col 75}{space 3} 944.3265
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 866.6969{col 34}{space 2} 162.5127{col 45}{space 1}    5.33{col 54}{space 3}0.000{col 62}{space 4}  547.788{col 75}{space 3} 1185.606
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 1007.508{col 34}{space 2} 192.0706{col 45}{space 1}    5.25{col 54}{space 3}0.000{col 62}{space 4} 630.5956{col 75}{space 3}  1384.42
{txt}{space 15}1966  {c |}{col 22}{res}{space 2} 993.4344{col 34}{space 2} 199.9668{col 45}{space 1}    4.97{col 54}{space 3}0.000{col 62}{space 4} 601.0269{col 75}{space 3} 1385.842
{txt}{space 15}1967  {c |}{col 22}{res}{space 2} 1014.917{col 34}{space 2} 198.3766{col 45}{space 1}    5.12{col 54}{space 3}0.000{col 62}{space 4} 625.6301{col 75}{space 3} 1404.204
{txt}{space 15}1968  {c |}{col 22}{res}{space 2} 1167.852{col 34}{space 2} 199.9104{col 45}{space 1}    5.84{col 54}{space 3}0.000{col 62}{space 4} 775.5548{col 75}{space 3} 1560.148
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 1186.044{col 34}{space 2} 220.8634{col 45}{space 1}    5.37{col 54}{space 3}0.000{col 62}{space 4} 752.6302{col 75}{space 3} 1619.458
{txt}{space 15}1970  {c |}{col 22}{res}{space 2}  1051.97{col 34}{space 2} 228.3525{col 45}{space 1}    4.61{col 54}{space 3}0.000{col 62}{space 4} 603.8598{col 75}{space 3} 1500.081
{txt}{space 15}1971  {c |}{col 22}{res}{space 2} 1256.459{col 34}{space 2} 219.6741{col 45}{space 1}    5.72{col 54}{space 3}0.000{col 62}{space 4} 825.3792{col 75}{space 3}  1687.54
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 1592.162{col 34}{space 2} 245.3581{col 45}{space 1}    6.49{col 54}{space 3}0.000{col 62}{space 4}  1110.68{col 75}{space 3} 2073.643
{txt}{space 15}1973  {c |}{col 22}{res}{space 2} 1701.629{col 34}{space 2} 309.7271{col 45}{space 1}    5.49{col 54}{space 3}0.000{col 62}{space 4} 1093.832{col 75}{space 3} 2309.426
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 1012.351{col 34}{space 2} 265.1452{col 45}{space 1}    3.82{col 54}{space 3}0.000{col 62}{space 4} 492.0402{col 75}{space 3} 1532.663
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 1345.045{col 34}{space 2} 202.6706{col 45}{space 1}    6.64{col 54}{space 3}0.000{col 62}{space 4} 947.3318{col 75}{space 3} 1742.758
{txt}{space 15}1976  {c |}{col 22}{res}{space 2} 1565.565{col 34}{space 2}  239.783{col 45}{space 1}    6.53{col 54}{space 3}0.000{col 62}{space 4} 1095.024{col 75}{space 3} 2036.107
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 1394.725{col 34}{space 2} 315.5822{col 45}{space 1}    4.42{col 54}{space 3}0.000{col 62}{space 4} 775.4383{col 75}{space 3} 2014.012
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 1782.101{col 34}{space 2} 321.4482{col 45}{space 1}    5.54{col 54}{space 3}0.000{col 62}{space 4} 1151.303{col 75}{space 3} 2412.899
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 1277.766{col 34}{space 2} 308.4235{col 45}{space 1}    4.14{col 54}{space 3}0.000{col 62}{space 4} 672.5276{col 75}{space 3} 1883.005
{txt}{space 15}1980  {c |}{col 22}{res}{space 2} 1116.361{col 34}{space 2} 258.6541{col 45}{space 1}    4.32{col 54}{space 3}0.000{col 62}{space 4} 608.7881{col 75}{space 3} 1623.935
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2} 1676.101{col 34}{space 2} 790.2651{col 45}{space 1}    2.12{col 54}{space 3}0.034{col 62}{space 4} 125.3143{col 75}{space 3} 3226.888
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpre if year<=1980 & nonsouth==1
{txt}(option xb assumed; fitted values)
(2,259 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   990) ={res}   25.29
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   990) ={res}   12.68
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney +  l3.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney + L3D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 1.898183{col 26}{space 2} 2.054142{col 37}{space 1}    0.92{col 46}{space 3}0.356{col 54}{space 4}-2.132789{col 67}{space 3} 5.929155
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-6.503585{col 26}{space 2}  3.39197{col 37}{space 1}   -1.92{col 46}{space 3}0.055{col 54}{space 4}-13.15172{col 67}{space 3}  .144554
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum klarnerranney   if real_pc_inc_annhatallpre!=. & year <= 1980 & nonsouth==1, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res} 7.846587       2.666667
{txt} 5%    {res}     26.5       2.666667
{txt}10%    {res} 36.93182       4.966588       {txt}Obs         {res}      1,080
{txt}25%    {res} 58.41462       4.966588       {txt}Sum of Wgt. {res}      1,080

{txt}50%    {res} 75.19923                      {txt}Mean          {res} 70.64418
                        {txt}Largest       Std. Dev.     {res} 22.28603
{txt}75%    {res} 88.34848            100
{txt}90%    {res} 96.02041            100       {txt}Variance      {res} 496.6671
{txt}95%    {res}  98.4462            100       {txt}Skewness      {res}-.8533634
{txt}99%    {res} 99.80952            100       {txt}Kurtosis      {res} 3.140165
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney]/-_b[l.real_pc_inc_ann])*88  - (_b[l.klarnerranney]/-_b[l.real_pc_inc_ann])*57.88889

       {txt}_nl_1:  {res}(_b[l.klarnerranney]/-_b[l.real_pc_inc_ann])*88 - (_b[l.klarnerranney]/-_b[l.real_pc_inc_ann])*57.88889

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-195.8302{col 26}{space 2}  102.136{col 37}{space 1}   -1.92{col 46}{space 3}0.055{col 54}{space 4} -396.013{col 67}{space 3} 4.352682
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
.  
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. qui reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1  i.state_fips i.year if year <=1980 & nonsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}     1,080{col 27}-4287.973{col 38}-4084.275{col 49}    84{col 58}  8336.55{col 69} 8755.266
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. 
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1  i.state_fips i.year if year <=1980 & nonsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}     1,080
{txt}maximum lag: {res}6{col 49}{txt}F( 83,       996){col 67}= {res}      4.48
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2031168{col 29}{space 2}  .032361{col 40}{space 1}   -6.28{col 49}{space 3}0.000{col 57}{space 4}-.2666203{col 70}{space 3}-.1396133
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0009755{col 29}{space 2} .0008284{col 40}{space 1}   -1.18{col 49}{space 3}0.239{col 57}{space 4} -.002601{col 70}{space 3} .0006501
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0922309{col 29}{space 2} .0234264{col 40}{space 1}    3.94{col 49}{space 3}0.000{col 57}{space 4} .0462602{col 70}{space 3} .1382017
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0024692{col 29}{space 2} .0013301{col 40}{space 1}   -1.86{col 49}{space 3}0.064{col 57}{space 4}-.0050794{col 70}{space 3}  .000141
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.2696877{col 29}{space 2} .0534228{col 40}{space 1}   -5.05{col 49}{space 3}0.000{col 57}{space 4}-.3745219{col 70}{space 3}-.1648535
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0000258{col 29}{space 2}  .001461{col 40}{space 1}   -0.02{col 49}{space 3}0.986{col 57}{space 4}-.0028928{col 70}{space 3} .0028411
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0533225{col 29}{space 2} .0155982{col 40}{space 1}    3.42{col 49}{space 3}0.001{col 57}{space 4} .0227134{col 70}{space 3} .0839316
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0006752{col 29}{space 2} .0012678{col 40}{space 1}    0.53{col 49}{space 3}0.594{col 57}{space 4}-.0018127{col 70}{space 3} .0031631
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.1409447{col 29}{space 2}  .048358{col 40}{space 1}   -2.91{col 49}{space 3}0.004{col 57}{space 4}-.2358399{col 70}{space 3}-.0460494
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0012596{col 29}{space 2} .0015152{col 40}{space 1}    0.83{col 49}{space 3}0.406{col 57}{space 4}-.0017137{col 70}{space 3} .0042329
{txt}{space 15} {c |}
{space 6}gov_party {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}   .93647{col 29}{space 2} 1.191689{col 40}{space 1}    0.79{col 49}{space 3}0.432{col 57}{space 4}-1.402039{col 70}{space 3} 3.274979
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-.7075859{col 29}{space 2} .8106948{col 40}{space 1}   -0.87{col 49}{space 3}0.383{col 57}{space 4}-2.298452{col 70}{space 3} .8832799
{txt}{space 15} {c |}
{space 4}dem_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-2.432102{col 29}{space 2} 2.018602{col 40}{space 1}   -1.20{col 49}{space 3}0.229{col 57}{space 4}-6.393303{col 70}{space 3}   1.5291
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}  1.42714{col 29}{space 2} 1.159279{col 40}{space 1}    1.23{col 49}{space 3}0.219{col 57}{space 4}-.8477683{col 70}{space 3} 3.702049
{txt}{space 15} {c |}
{space 4}rep_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.475425{col 29}{space 2} 1.468547{col 40}{space 1}    1.00{col 49}{space 3}0.315{col 57}{space 4}-1.406377{col 70}{space 3} 4.357227
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-1.170568{col 29}{space 2} .9270101{col 40}{space 1}   -1.26{col 49}{space 3}0.207{col 57}{space 4}-2.989685{col 70}{space 3} .6485486
{txt}{space 15} {c |}
{space 1}electedjudges1 {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.5390153{col 29}{space 2} 1.559566{col 40}{space 1}   -0.35{col 49}{space 3}0.730{col 57}{space 4}-3.599428{col 70}{space 3} 2.521397
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-5.469067{col 29}{space 2} 5.076485{col 40}{space 1}   -1.08{col 49}{space 3}0.282{col 57}{space 4} -15.4309{col 70}{space 3} 4.492767
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}4  {c |}{col 17}{res}{space 2}-6.159079{col 29}{space 2} 5.202366{col 40}{space 1}   -1.18{col 49}{space 3}0.237{col 57}{space 4}-16.36794{col 70}{space 3} 4.049778
{txt}{space 13}6  {c |}{col 17}{res}{space 2}-2.452033{col 29}{space 2} 3.481137{col 40}{space 1}   -0.70{col 49}{space 3}0.481{col 57}{space 4}-9.283237{col 70}{space 3} 4.379171
{txt}{space 13}8  {c |}{col 17}{res}{space 2}-2.735491{col 29}{space 2} 4.410265{col 40}{space 1}   -0.62{col 49}{space 3}0.535{col 57}{space 4}-11.38997{col 70}{space 3} 5.918986
{txt}{space 13}9  {c |}{col 17}{res}{space 2}-3.620953{col 29}{space 2} 3.608085{col 40}{space 1}   -1.00{col 49}{space 3}0.316{col 57}{space 4}-10.70127{col 70}{space 3} 3.459368
{txt}{space 12}15  {c |}{col 17}{res}{space 2}-6.747979{col 29}{space 2} 3.431006{col 40}{space 1}   -1.97{col 49}{space 3}0.049{col 57}{space 4}-13.48081{col 70}{space 3}-.0151495
{txt}{space 12}16  {c |}{col 17}{res}{space 2}-5.433901{col 29}{space 2} 5.338781{col 40}{space 1}   -1.02{col 49}{space 3}0.309{col 57}{space 4}-15.91045{col 70}{space 3} 5.042649
{txt}{space 12}17  {c |}{col 17}{res}{space 2} -1.08181{col 29}{space 2}  3.49871{col 40}{space 1}   -0.31{col 49}{space 3}0.757{col 57}{space 4}-7.947499{col 70}{space 3} 5.783879
{txt}{space 12}18  {c |}{col 17}{res}{space 2}-4.070503{col 29}{space 2}  4.84328{col 40}{space 1}   -0.84{col 49}{space 3}0.401{col 57}{space 4}-13.57471{col 70}{space 3}   5.4337
{txt}{space 12}19  {c |}{col 17}{res}{space 2} -7.21953{col 29}{space 2} 5.050544{col 40}{space 1}   -1.43{col 49}{space 3}0.153{col 57}{space 4}-17.13046{col 70}{space 3} 2.691398
{txt}{space 12}20  {c |}{col 17}{res}{space 2}-7.195545{col 29}{space 2} 5.200496{col 40}{space 1}   -1.38{col 49}{space 3}0.167{col 57}{space 4}-17.40073{col 70}{space 3} 3.009641
{txt}{space 12}23  {c |}{col 17}{res}{space 2}-7.593122{col 29}{space 2} 5.865259{col 40}{space 1}   -1.29{col 49}{space 3}0.196{col 57}{space 4} -19.1028{col 70}{space 3} 3.916561
{txt}{space 12}25  {c |}{col 17}{res}{space 2}-6.484542{col 29}{space 2} 4.416147{col 40}{space 1}   -1.47{col 49}{space 3}0.142{col 57}{space 4}-15.15056{col 70}{space 3} 2.181478
{txt}{space 12}26  {c |}{col 17}{res}{space 2}-3.115688{col 29}{space 2} 4.267806{col 40}{space 1}   -0.73{col 49}{space 3}0.466{col 57}{space 4}-11.49061{col 70}{space 3} 5.259234
{txt}{space 12}27  {c |}{col 17}{res}{space 2}-4.661453{col 29}{space 2} 4.735832{col 40}{space 1}   -0.98{col 49}{space 3}0.325{col 57}{space 4}-13.95481{col 70}{space 3} 4.631901
{txt}{space 12}29  {c |}{col 17}{res}{space 2}-5.511518{col 29}{space 2} 4.732917{col 40}{space 1}   -1.16{col 49}{space 3}0.244{col 57}{space 4}-14.79915{col 70}{space 3} 3.776115
{txt}{space 12}30  {c |}{col 17}{res}{space 2}-2.345122{col 29}{space 2} 4.663126{col 40}{space 1}   -0.50{col 49}{space 3}0.615{col 57}{space 4} -11.4958{col 70}{space 3} 6.805557
{txt}{space 12}32  {c |}{col 17}{res}{space 2}-2.009983{col 29}{space 2} 4.078218{col 40}{space 1}   -0.49{col 49}{space 3}0.622{col 57}{space 4}-10.01287{col 70}{space 3} 5.992903
{txt}{space 12}33  {c |}{col 17}{res}{space 2}  -6.6851{col 29}{space 2} 4.872002{col 40}{space 1}   -1.37{col 49}{space 3}0.170{col 57}{space 4}-16.24567{col 70}{space 3} 2.875466
{txt}{space 12}34  {c |}{col 17}{res}{space 2}-4.152133{col 29}{space 2} 3.725734{col 40}{space 1}   -1.11{col 49}{space 3}0.265{col 57}{space 4}-11.46332{col 70}{space 3} 3.159056
{txt}{space 12}35  {c |}{col 17}{res}{space 2}-9.504263{col 29}{space 2} 6.159731{col 40}{space 1}   -1.54{col 49}{space 3}0.123{col 57}{space 4} -21.5918{col 70}{space 3} 2.583277
{txt}{space 12}36  {c |}{col 17}{res}{space 2}-.9619481{col 29}{space 2} 3.600817{col 40}{space 1}   -0.27{col 49}{space 3}0.789{col 57}{space 4}-8.028006{col 70}{space 3}  6.10411
{txt}{space 12}38  {c |}{col 17}{res}{space 2}-10.51612{col 29}{space 2} 6.148624{col 40}{space 1}   -1.71{col 49}{space 3}0.088{col 57}{space 4}-22.58187{col 70}{space 3} 1.549619
{txt}{space 12}39  {c |}{col 17}{res}{space 2}-4.254323{col 29}{space 2} 4.438277{col 40}{space 1}   -0.96{col 49}{space 3}0.338{col 57}{space 4}-12.96377{col 70}{space 3} 4.455124
{txt}{space 12}41  {c |}{col 17}{res}{space 2}-4.186646{col 29}{space 2} 4.615635{col 40}{space 1}   -0.91{col 49}{space 3}0.365{col 57}{space 4}-13.24413{col 70}{space 3} 4.870838
{txt}{space 12}42  {c |}{col 17}{res}{space 2}-1.813898{col 29}{space 2} 4.267905{col 40}{space 1}   -0.43{col 49}{space 3}0.671{col 57}{space 4}-10.18901{col 70}{space 3} 6.561219
{txt}{space 12}44  {c |}{col 17}{res}{space 2}-8.593595{col 29}{space 2} 4.778864{col 40}{space 1}   -1.80{col 49}{space 3}0.072{col 57}{space 4}-17.97139{col 70}{space 3} .7842035
{txt}{space 12}46  {c |}{col 17}{res}{space 2}-8.399415{col 29}{space 2} 6.200483{col 40}{space 1}   -1.35{col 49}{space 3}0.176{col 57}{space 4}-20.56692{col 70}{space 3} 3.768095
{txt}{space 12}49  {c |}{col 17}{res}{space 2}-4.301886{col 29}{space 2} 5.592177{col 40}{space 1}   -0.77{col 49}{space 3}0.442{col 57}{space 4}-15.27569{col 70}{space 3} 6.671914
{txt}{space 12}50  {c |}{col 17}{res}{space 2}-10.45753{col 29}{space 2}  5.67787{col 40}{space 1}   -1.84{col 49}{space 3}0.066{col 57}{space 4}-21.59949{col 70}{space 3} .6844272
{txt}{space 12}53  {c |}{col 17}{res}{space 2}-.5366902{col 29}{space 2} 4.344278{col 40}{space 1}   -0.12{col 49}{space 3}0.902{col 57}{space 4}-9.061678{col 70}{space 3} 7.988297
{txt}{space 12}55  {c |}{col 17}{res}{space 2}-4.473239{col 29}{space 2} 4.684728{col 40}{space 1}   -0.95{col 49}{space 3}0.340{col 57}{space 4}-13.66631{col 70}{space 3} 4.719831
{txt}{space 12}56  {c |}{col 17}{res}{space 2}-4.429275{col 29}{space 2} 4.300187{col 40}{space 1}   -1.03{col 49}{space 3}0.303{col 57}{space 4}-12.86774{col 70}{space 3} 4.009192
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1948  {c |}{col 17}{res}{space 2} 9.722572{col 29}{space 2} 2.993593{col 40}{space 1}    3.25{col 49}{space 3}0.001{col 57}{space 4}   3.8481{col 70}{space 3} 15.59704
{txt}{space 10}1949  {c |}{col 17}{res}{space 2} 26.88676{col 29}{space 2} 5.069046{col 40}{space 1}    5.30{col 49}{space 3}0.000{col 57}{space 4} 16.93952{col 70}{space 3} 36.83399
{txt}{space 10}1950  {c |}{col 17}{res}{space 2} 13.53931{col 29}{space 2} 3.393966{col 40}{space 1}    3.99{col 49}{space 3}0.000{col 57}{space 4}  6.87917{col 70}{space 3} 20.19946
{txt}{space 10}1951  {c |}{col 17}{res}{space 2} 10.63148{col 29}{space 2} 3.717926{col 40}{space 1}    2.86{col 49}{space 3}0.004{col 57}{space 4} 3.335617{col 70}{space 3} 17.92735
{txt}{space 10}1952  {c |}{col 17}{res}{space 2}  11.5408{col 29}{space 2}  3.30882{col 40}{space 1}    3.49{col 49}{space 3}0.001{col 57}{space 4} 5.047742{col 70}{space 3} 18.03386
{txt}{space 10}1953  {c |}{col 17}{res}{space 2} 8.744722{col 29}{space 2} 4.627696{col 40}{space 1}    1.89{col 49}{space 3}0.059{col 57}{space 4}-.3364321{col 70}{space 3} 17.82588
{txt}{space 10}1954  {c |}{col 17}{res}{space 2} 11.18805{col 29}{space 2} 3.273025{col 40}{space 1}    3.42{col 49}{space 3}0.001{col 57}{space 4} 4.765232{col 70}{space 3} 17.61087
{txt}{space 10}1955  {c |}{col 17}{res}{space 2} 20.32279{col 29}{space 2} 3.719817{col 40}{space 1}    5.46{col 49}{space 3}0.000{col 57}{space 4} 13.02321{col 70}{space 3} 27.62237
{txt}{space 10}1956  {c |}{col 17}{res}{space 2} 13.74384{col 29}{space 2} 3.417046{col 40}{space 1}    4.02{col 49}{space 3}0.000{col 57}{space 4} 7.038401{col 70}{space 3} 20.44927
{txt}{space 10}1957  {c |}{col 17}{res}{space 2} 19.98393{col 29}{space 2} 4.514058{col 40}{space 1}    4.43{col 49}{space 3}0.000{col 57}{space 4} 11.12578{col 70}{space 3} 28.84209
{txt}{space 10}1958  {c |}{col 17}{res}{space 2} 14.37317{col 29}{space 2} 3.467299{col 40}{space 1}    4.15{col 49}{space 3}0.000{col 57}{space 4} 7.569116{col 70}{space 3} 21.17722
{txt}{space 10}1959  {c |}{col 17}{res}{space 2} 21.24861{col 29}{space 2} 4.761569{col 40}{space 1}    4.46{col 49}{space 3}0.000{col 57}{space 4} 11.90475{col 70}{space 3} 30.59247
{txt}{space 10}1960  {c |}{col 17}{res}{space 2} 16.46665{col 29}{space 2}  3.70905{col 40}{space 1}    4.44{col 49}{space 3}0.000{col 57}{space 4} 9.188204{col 70}{space 3}  23.7451
{txt}{space 10}1961  {c |}{col 17}{res}{space 2} 16.87981{col 29}{space 2} 4.485039{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} 8.078604{col 70}{space 3} 25.68102
{txt}{space 10}1962  {c |}{col 17}{res}{space 2} 16.95513{col 29}{space 2} 3.757864{col 40}{space 1}    4.51{col 49}{space 3}0.000{col 57}{space 4}  9.58089{col 70}{space 3} 24.32937
{txt}{space 10}1963  {c |}{col 17}{res}{space 2}   15.946{col 29}{space 2} 4.016159{col 40}{space 1}    3.97{col 49}{space 3}0.000{col 57}{space 4} 8.064899{col 70}{space 3} 23.82711
{txt}{space 10}1964  {c |}{col 17}{res}{space 2} 16.40528{col 29}{space 2} 3.798567{col 40}{space 1}    4.32{col 49}{space 3}0.000{col 57}{space 4} 8.951168{col 70}{space 3} 23.85939
{txt}{space 10}1965  {c |}{col 17}{res}{space 2} 19.99857{col 29}{space 2} 4.563771{col 40}{space 1}    4.38{col 49}{space 3}0.000{col 57}{space 4} 11.04286{col 70}{space 3} 28.95428
{txt}{space 10}1966  {c |}{col 17}{res}{space 2} 17.71353{col 29}{space 2} 4.141064{col 40}{space 1}    4.28{col 49}{space 3}0.000{col 57}{space 4} 9.587322{col 70}{space 3} 25.83975
{txt}{space 10}1967  {c |}{col 17}{res}{space 2} 19.74524{col 29}{space 2} 5.932773{col 40}{space 1}    3.33{col 49}{space 3}0.001{col 57}{space 4} 8.103068{col 70}{space 3} 31.38741
{txt}{space 10}1968  {c |}{col 17}{res}{space 2} 17.72035{col 29}{space 2} 4.381954{col 40}{space 1}    4.04{col 49}{space 3}0.000{col 57}{space 4} 9.121428{col 70}{space 3} 26.31927
{txt}{space 10}1969  {c |}{col 17}{res}{space 2} 18.21567{col 29}{space 2} 5.080817{col 40}{space 1}    3.59{col 49}{space 3}0.000{col 57}{space 4} 8.245337{col 70}{space 3}   28.186
{txt}{space 10}1970  {c |}{col 17}{res}{space 2} 17.68312{col 29}{space 2} 4.446854{col 40}{space 1}    3.98{col 49}{space 3}0.000{col 57}{space 4} 8.956842{col 70}{space 3}  26.4094
{txt}{space 10}1971  {c |}{col 17}{res}{space 2} 23.65572{col 29}{space 2} 5.007674{col 40}{space 1}    4.72{col 49}{space 3}0.000{col 57}{space 4} 13.82892{col 70}{space 3} 33.48252
{txt}{space 10}1972  {c |}{col 17}{res}{space 2}  21.3611{col 29}{space 2}  5.10984{col 40}{space 1}    4.18{col 49}{space 3}0.000{col 57}{space 4} 11.33381{col 70}{space 3} 31.38839
{txt}{space 10}1973  {c |}{col 17}{res}{space 2} 21.04716{col 29}{space 2}  5.74894{col 40}{space 1}    3.66{col 49}{space 3}0.000{col 57}{space 4} 9.765738{col 70}{space 3} 32.32859
{txt}{space 10}1974  {c |}{col 17}{res}{space 2} 18.85011{col 29}{space 2} 5.375191{col 40}{space 1}    3.51{col 49}{space 3}0.000{col 57}{space 4} 8.302115{col 70}{space 3} 29.39811
{txt}{space 10}1975  {c |}{col 17}{res}{space 2} 16.93312{col 29}{space 2} 6.315195{col 40}{space 1}    2.68{col 49}{space 3}0.007{col 57}{space 4} 4.540504{col 70}{space 3} 29.32573
{txt}{space 10}1976  {c |}{col 17}{res}{space 2} 20.82298{col 29}{space 2} 5.882459{col 40}{space 1}    3.54{col 49}{space 3}0.000{col 57}{space 4} 9.279546{col 70}{space 3} 32.36642
{txt}{space 10}1977  {c |}{col 17}{res}{space 2} 20.75517{col 29}{space 2}  6.42429{col 40}{space 1}    3.23{col 49}{space 3}0.001{col 57}{space 4} 8.148477{col 70}{space 3} 33.36187
{txt}{space 10}1978  {c |}{col 17}{res}{space 2} 22.61872{col 29}{space 2} 6.265877{col 40}{space 1}    3.61{col 49}{space 3}0.000{col 57}{space 4} 10.32288{col 70}{space 3} 34.91455
{txt}{space 10}1979  {c |}{col 17}{res}{space 2} 20.69737{col 29}{space 2} 6.342542{col 40}{space 1}    3.26{col 49}{space 3}0.001{col 57}{space 4} 8.251095{col 70}{space 3} 33.14365
{txt}{space 10}1980  {c |}{col 17}{res}{space 2} 20.22699{col 29}{space 2} 6.157929{col 40}{space 1}    3.28{col 49}{space 3}0.001{col 57}{space 4} 8.142983{col 70}{space 3} 32.31099
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} 11.15098{col 29}{space 2} 9.888235{col 40}{space 1}    1.13{col 49}{space 3}0.260{col 57}{space 4}-8.253181{col 70}{space 3} 30.55515
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict klarnerranneyhatallpre if year<=1980 & nonsouth==1
{txt}(option xb assumed; fitted values)
(2,259 missing values generated)

{com}. 
.  
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.klarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney = 0{p_end}

{txt}       F(  1,   996) ={res}   39.40
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.klarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.klarnerranney = 0{p_end}

{txt}       F(  2,   996) ={res}   19.77
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann +  l2.d.real_pc_inc_ann +  l3.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann + L3D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-.0005603{col 26}{space 2} .0030568{col 37}{space 1}   -0.18{col 46}{space 3}0.855{col 54}{space 4}-.0065588{col 67}{space 3} .0054382
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-.0048026{col 26}{space 2} .0040526{col 37}{space 1}   -1.19{col 46}{space 3}0.236{col 54}{space 4}-.0127454{col 67}{space 3} .0031403
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum real_pc_inc_ann   if klarnerranneyhatallpre!=. & year<=1980 & nonsouth==1, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 5012.166       4489.073
{txt} 5%    {res} 5553.339       4631.569
{txt}10%    {res} 6102.758       4655.711       {txt}Obs         {res}      1,080
{txt}25%    {res} 7076.185        4670.98       {txt}Sum of Wgt. {res}      1,080

{txt}50%    {res} 8866.356                      {txt}Mean          {res} 9158.815
                        {txt}Largest       Std. Dev.     {res} 2576.112
{txt}75%    {res} 11007.84       19154.27
{txt}90%    {res} 12668.53       19819.19       {txt}Variance      {res}  6636352
{txt}95%    {res} 13525.17       20438.71       {txt}Skewness      {res} .6101699
{txt}99%    {res} 14896.89       21278.61       {txt}Kurtosis      {res}  3.33115
{txt}
{com}. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF  real_pc_inc_ann ON klarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*11116.22   -  (_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*7127.247 

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*11116.22 - (_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*7127.247

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-19.15735{col 26}{space 2} 16.16551{col 37}{space 1}   -1.19{col 46}{space 3}0.236{col 54}{space 4}-50.84117{col 67}{space 3} 12.52648
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
.   
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. // (4,3)  MODEL
. 
. 
. 
. *** I.C: NON-SOUTHERN STATES (N = 35): POST-PARTISAN ALIGNMENT TIME PERIOD (1981 - 2010) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified   i.state_fips i.year if year >1980 & nonsouth==1
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       988{col 27}-7334.455{col 38} -6846.82{col 49}    84{col 58} 13861.64{col 69} 14272.88
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified   i.state_fips i.year if year >1980 & nonsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       988
{txt}maximum lag: {res}5{col 49}{txt}F( 83,       904){col 67}= {res}     30.72
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.0884263{col 34}{space 2} .0158325{col 45}{space 1}   -5.59{col 54}{space 3}0.000{col 62}{space 4}-.1194991{col 75}{space 3}-.0573536
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 1.465276{col 34}{space 2} 1.069386{col 45}{space 1}    1.37{col 54}{space 3}0.171{col 62}{space 4} -.633493{col 75}{space 3} 3.564044
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .3226323{col 34}{space 2}  .063642{col 45}{space 1}    5.07{col 54}{space 3}0.000{col 62}{space 4} .1977289{col 75}{space 3} .4475356
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-1.509455{col 34}{space 2} 1.503425{col 45}{space 1}   -1.00{col 54}{space 3}0.316{col 62}{space 4}-4.460065{col 75}{space 3} 1.441154
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .0780103{col 34}{space 2} .0635653{col 45}{space 1}    1.23{col 54}{space 3}0.220{col 62}{space 4}-.0467425{col 75}{space 3} .2027631
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .3786929{col 34}{space 2} 1.447036{col 45}{space 1}    0.26{col 54}{space 3}0.794{col 62}{space 4}-2.461248{col 75}{space 3} 3.218634
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0543166{col 34}{space 2} .0457747{col 45}{space 1}   -1.19{col 54}{space 3}0.236{col 62}{space 4}-.1441537{col 75}{space 3} .0355205
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .1894208{col 34}{space 2} 1.161143{col 45}{space 1}    0.16{col 54}{space 3}0.870{col 62}{space 4}-2.089429{col 75}{space 3}  2.46827
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-450.9799{col 34}{space 2} 633.8291{col 45}{space 1}   -0.71{col 54}{space 3}0.477{col 62}{space 4}-1694.928{col 75}{space 3} 792.9677
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-682.2874{col 34}{space 2}   732.22{col 45}{space 1}   -0.93{col 54}{space 3}0.352{col 62}{space 4}-2119.336{col 75}{space 3} 754.7614
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 184.3945{col 34}{space 2} 154.3331{col 45}{space 1}    1.19{col 54}{space 3}0.232{col 62}{space 4}-118.4983{col 75}{space 3} 487.2874
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-140.8122{col 34}{space 2} 152.0809{col 45}{space 1}   -0.93{col 54}{space 3}0.355{col 62}{space 4} -439.285{col 75}{space 3} 157.6605
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-50.42908{col 34}{space 2} 407.6561{col 45}{space 1}   -0.12{col 54}{space 3}0.902{col 62}{space 4}-850.4915{col 75}{space 3} 749.6333
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-971.2603{col 34}{space 2} 617.1447{col 45}{space 1}   -1.57{col 54}{space 3}0.116{col 62}{space 4}-2182.463{col 75}{space 3} 239.9427
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 9567.948{col 34}{space 2} 2302.678{col 45}{space 1}    4.16{col 54}{space 3}0.000{col 62}{space 4} 5048.732{col 75}{space 3} 14087.16
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 5239.048{col 34}{space 2} 1906.866{col 45}{space 1}    2.75{col 54}{space 3}0.006{col 62}{space 4} 1496.648{col 75}{space 3} 8981.448
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-34.46886{col 34}{space 2} 27.15005{col 45}{space 1}   -1.27{col 54}{space 3}0.205{col 62}{space 4}-87.75332{col 75}{space 3}  18.8156
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 8.952143{col 34}{space 2} 29.90567{col 45}{space 1}    0.30{col 54}{space 3}0.765{col 62}{space 4}-49.74047{col 75}{space 3} 67.64476
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}   18.879{col 34}{space 2} 30.02327{col 45}{space 1}    0.63{col 54}{space 3}0.530{col 62}{space 4}-40.04442{col 75}{space 3} 77.80242
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-21.66916{col 34}{space 2} 30.05543{col 45}{space 1}   -0.72{col 54}{space 3}0.471{col 62}{space 4}-80.65569{col 75}{space 3} 37.31738
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}  -21.987{col 34}{space 2} 30.40937{col 45}{space 1}   -0.72{col 54}{space 3}0.470{col 62}{space 4}-81.66817{col 75}{space 3} 37.69416
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 57.00232{col 34}{space 2}  33.3024{col 45}{space 1}    1.71{col 54}{space 3}0.087{col 62}{space 4}-8.356685{col 75}{space 3} 122.3613
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}4  {c |}{col 22}{res}{space 2}-399.8283{col 34}{space 2} 169.0625{col 45}{space 1}   -2.36{col 54}{space 3}0.018{col 62}{space 4}-731.6289{col 75}{space 3}-68.02765
{txt}{space 18}6  {c |}{col 22}{res}{space 2} 41.36494{col 34}{space 2} 95.11133{col 45}{space 1}    0.43{col 54}{space 3}0.664{col 62}{space 4}-145.2998{col 75}{space 3} 228.0296
{txt}{space 18}8  {c |}{col 22}{res}{space 2} 32.66984{col 34}{space 2} 79.11931{col 45}{space 1}    0.41{col 54}{space 3}0.680{col 62}{space 4}-122.6091{col 75}{space 3} 187.9487
{txt}{space 18}9  {c |}{col 22}{res}{space 2} 437.5684{col 34}{space 2} 107.3483{col 45}{space 1}    4.08{col 54}{space 3}0.000{col 62}{space 4} 226.8875{col 75}{space 3} 648.2493
{txt}{space 17}15  {c |}{col 22}{res}{space 2} 73.58849{col 34}{space 2} 97.68532{col 45}{space 1}    0.75{col 54}{space 3}0.451{col 62}{space 4}-118.1279{col 75}{space 3} 265.3049
{txt}{space 17}16  {c |}{col 22}{res}{space 2}-140.4934{col 34}{space 2} 181.8335{col 45}{space 1}   -0.77{col 54}{space 3}0.440{col 62}{space 4}-497.3583{col 75}{space 3} 216.3715
{txt}{space 17}17  {c |}{col 22}{res}{space 2}-6.136797{col 34}{space 2} 83.72807{col 45}{space 1}   -0.07{col 54}{space 3}0.942{col 62}{space 4}-170.4608{col 75}{space 3} 158.1872
{txt}{space 17}18  {c |}{col 22}{res}{space 2} -241.601{col 34}{space 2} 86.52044{col 45}{space 1}   -2.79{col 54}{space 3}0.005{col 62}{space 4}-411.4053{col 75}{space 3}-71.79675
{txt}{space 17}19  {c |}{col 22}{res}{space 2}-83.71623{col 34}{space 2} 189.9943{col 45}{space 1}   -0.44{col 54}{space 3}0.660{col 62}{space 4}-456.5975{col 75}{space 3}  289.165
{txt}{space 17}20  {c |}{col 22}{res}{space 2}-174.2616{col 34}{space 2} 170.5319{col 45}{space 1}   -1.02{col 54}{space 3}0.307{col 62}{space 4} -508.946{col 75}{space 3} 160.4228
{txt}{space 17}23  {c |}{col 22}{res}{space 2}-243.5626{col 34}{space 2} 103.6326{col 45}{space 1}   -2.35{col 54}{space 3}0.019{col 62}{space 4} -446.951{col 75}{space 3}-40.17417
{txt}{space 17}25  {c |}{col 22}{res}{space 2} 313.3117{col 34}{space 2} 115.7739{col 45}{space 1}    2.71{col 54}{space 3}0.007{col 62}{space 4} 86.09487{col 75}{space 3} 540.5286
{txt}{space 17}26  {c |}{col 22}{res}{space 2}-231.2058{col 34}{space 2} 96.54121{col 45}{space 1}   -2.39{col 54}{space 3}0.017{col 62}{space 4}-420.6768{col 75}{space 3}-41.73488
{txt}{space 17}27  {c |}{col 22}{res}{space 2} 70.56271{col 34}{space 2} 82.85847{col 45}{space 1}    0.85{col 54}{space 3}0.395{col 62}{space 4}-92.05463{col 75}{space 3} 233.1801
{txt}{space 17}29  {c |}{col 22}{res}{space 2}-180.8296{col 34}{space 2} 84.86395{col 45}{space 1}   -2.13{col 54}{space 3}0.033{col 62}{space 4}-347.3829{col 75}{space 3}-14.27629
{txt}{space 17}30  {c |}{col 22}{res}{space 2}-202.5405{col 34}{space 2} 104.6909{col 45}{space 1}   -1.93{col 54}{space 3}0.053{col 62}{space 4} -408.006{col 75}{space 3} 2.924894
{txt}{space 17}32  {c |}{col 22}{res}{space 2}-313.8052{col 34}{space 2} 173.5864{col 45}{space 1}   -1.81{col 54}{space 3}0.071{col 62}{space 4}-654.4844{col 75}{space 3} 26.87396
{txt}{space 17}33  {c |}{col 22}{res}{space 2} 52.10727{col 34}{space 2} 86.78052{col 45}{space 1}    0.60{col 54}{space 3}0.548{col 62}{space 4}-118.2075{col 75}{space 3}  222.422
{txt}{space 17}34  {c |}{col 22}{res}{space 2} 279.9148{col 34}{space 2} 87.60825{col 45}{space 1}    3.20{col 54}{space 3}0.001{col 62}{space 4} 107.9755{col 75}{space 3}  451.854
{txt}{space 17}35  {c |}{col 22}{res}{space 2}-313.2018{col 34}{space 2}  99.0754{col 45}{space 1}   -3.16{col 54}{space 3}0.002{col 62}{space 4}-507.6464{col 75}{space 3}-118.7573
{txt}{space 17}36  {c |}{col 22}{res}{space 2} 159.7415{col 34}{space 2} 100.4434{col 45}{space 1}    1.59{col 54}{space 3}0.112{col 62}{space 4}-37.38781{col 75}{space 3} 356.8708
{txt}{space 17}38  {c |}{col 22}{res}{space 2} 292.7076{col 34}{space 2}  123.374{col 45}{space 1}    2.37{col 54}{space 3}0.018{col 62}{space 4} 50.57473{col 75}{space 3} 534.8405
{txt}{space 17}39  {c |}{col 22}{res}{space 2} -208.464{col 34}{space 2} 83.31291{col 45}{space 1}   -2.50{col 54}{space 3}0.013{col 62}{space 4}-371.9733{col 75}{space 3}-44.95482
{txt}{space 17}41  {c |}{col 22}{res}{space 2}-157.5038{col 34}{space 2} 79.53406{col 45}{space 1}   -1.98{col 54}{space 3}0.048{col 62}{space 4}-313.5967{col 75}{space 3}-1.410943
{txt}{space 17}42  {c |}{col 22}{res}{space 2}-115.5147{col 34}{space 2} 87.15547{col 45}{space 1}   -1.33{col 54}{space 3}0.185{col 62}{space 4}-286.5652{col 75}{space 3} 55.53594
{txt}{space 17}44  {c |}{col 22}{res}{space 2} -23.8806{col 34}{space 2} 105.8348{col 45}{space 1}   -0.23{col 54}{space 3}0.822{col 62}{space 4} -231.591{col 75}{space 3} 183.8299
{txt}{space 17}46  {c |}{col 22}{res}{space 2} 227.9813{col 34}{space 2} 240.6321{col 45}{space 1}    0.95{col 54}{space 3}0.344{col 62}{space 4}-244.2812{col 75}{space 3} 700.2438
{txt}{space 17}49  {c |}{col 22}{res}{space 2}-521.8378{col 34}{space 2} 168.1103{col 45}{space 1}   -3.10{col 54}{space 3}0.002{col 62}{space 4}-851.7696{col 75}{space 3} -191.906
{txt}{space 17}50  {c |}{col 22}{res}{space 2}-105.5822{col 34}{space 2} 87.45744{col 45}{space 1}   -1.21{col 54}{space 3}0.228{col 62}{space 4}-277.2254{col 75}{space 3} 66.06102
{txt}{space 17}53  {c |}{col 22}{res}{space 2} 38.19279{col 34}{space 2} 72.26803{col 45}{space 1}    0.53{col 54}{space 3}0.597{col 62}{space 4}-103.6399{col 75}{space 3} 180.0254
{txt}{space 17}55  {c |}{col 22}{res}{space 2}-128.7305{col 34}{space 2} 80.84035{col 45}{space 1}   -1.59{col 54}{space 3}0.112{col 62}{space 4}-287.3871{col 75}{space 3} 29.92605
{txt}{space 17}56  {c |}{col 22}{res}{space 2}-149.9869{col 34}{space 2} 209.0581{col 45}{space 1}   -0.72{col 54}{space 3}0.473{col 62}{space 4}-560.2825{col 75}{space 3} 260.3087
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1982  {c |}{col 22}{res}{space 2}-111.0348{col 34}{space 2} 64.61019{col 45}{space 1}   -1.72{col 54}{space 3}0.086{col 62}{space 4}-237.8382{col 75}{space 3} 15.76865
{txt}{space 15}1983  {c |}{col 22}{res}{space 2}-13.14256{col 34}{space 2} 84.37384{col 45}{space 1}   -0.16{col 54}{space 3}0.876{col 62}{space 4} -178.734{col 75}{space 3} 152.4488
{txt}{space 15}1984  {c |}{col 22}{res}{space 2}   293.18{col 34}{space 2} 54.49214{col 45}{space 1}    5.38{col 54}{space 3}0.000{col 62}{space 4} 186.2342{col 75}{space 3} 400.1258
{txt}{space 15}1985  {c |}{col 22}{res}{space 2}-8.007134{col 34}{space 2} 62.72477{col 45}{space 1}   -0.13{col 54}{space 3}0.898{col 62}{space 4}-131.1102{col 75}{space 3}  115.096
{txt}{space 15}1986  {c |}{col 22}{res}{space 2} 171.1131{col 34}{space 2} 64.93699{col 45}{space 1}    2.64{col 54}{space 3}0.009{col 62}{space 4} 43.66834{col 75}{space 3} 298.5579
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 47.82848{col 34}{space 2} 66.04483{col 45}{space 1}    0.72{col 54}{space 3}0.469{col 62}{space 4}-81.79055{col 75}{space 3} 177.4475
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 199.1287{col 34}{space 2} 74.49241{col 45}{space 1}    2.67{col 54}{space 3}0.008{col 62}{space 4} 52.93055{col 75}{space 3} 345.3269
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 205.1429{col 34}{space 2} 67.81186{col 45}{space 1}    3.03{col 54}{space 3}0.003{col 62}{space 4} 72.05592{col 75}{space 3} 338.2299
{txt}{space 15}1990  {c |}{col 22}{res}{space 2}-107.1805{col 34}{space 2} 75.98613{col 45}{space 1}   -1.41{col 54}{space 3}0.159{col 62}{space 4}-256.3103{col 75}{space 3} 41.94921
{txt}{space 15}1991  {c |}{col 22}{res}{space 2}-155.2519{col 34}{space 2}  67.3771{col 45}{space 1}   -2.30{col 54}{space 3}0.021{col 62}{space 4}-287.4856{col 75}{space 3}-23.01816
{txt}{space 15}1992  {c |}{col 22}{res}{space 2}  378.091{col 34}{space 2} 59.05838{col 45}{space 1}    6.40{col 54}{space 3}0.000{col 62}{space 4} 262.1835{col 75}{space 3} 493.9985
{txt}{space 15}1993  {c |}{col 22}{res}{space 2}-.4501336{col 34}{space 2} 75.24941{col 45}{space 1}   -0.01{col 54}{space 3}0.995{col 62}{space 4} -148.134{col 75}{space 3} 147.2337
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 246.6012{col 34}{space 2} 73.02903{col 45}{space 1}    3.38{col 54}{space 3}0.001{col 62}{space 4}  103.275{col 75}{space 3} 389.9274
{txt}{space 15}1995  {c |}{col 22}{res}{space 2} 133.4611{col 34}{space 2} 71.31748{col 45}{space 1}    1.87{col 54}{space 3}0.062{col 62}{space 4}-6.506012{col 75}{space 3} 273.4282
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 241.2494{col 34}{space 2} 77.61886{col 45}{space 1}    3.11{col 54}{space 3}0.002{col 62}{space 4}  88.9153{col 75}{space 3} 393.5835
{txt}{space 15}1997  {c |}{col 22}{res}{space 2} 349.6812{col 34}{space 2} 74.34514{col 45}{space 1}    4.70{col 54}{space 3}0.000{col 62}{space 4}  203.772{col 75}{space 3} 495.5903
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 685.0132{col 34}{space 2} 85.58554{col 45}{space 1}    8.00{col 54}{space 3}0.000{col 62}{space 4} 517.0438{col 75}{space 3} 852.9827
{txt}{space 15}1999  {c |}{col 22}{res}{space 2}  186.537{col 34}{space 2} 96.15798{col 45}{space 1}    1.94{col 54}{space 3}0.053{col 62}{space 4}-2.181885{col 75}{space 3} 375.2558
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 630.1807{col 34}{space 2} 102.4896{col 45}{space 1}    6.15{col 54}{space 3}0.000{col 62}{space 4} 429.0354{col 75}{space 3} 831.3259
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 154.2024{col 34}{space 2} 113.1503{col 45}{space 1}    1.36{col 54}{space 3}0.173{col 62}{space 4}-67.86539{col 75}{space 3} 376.2703
{txt}{space 15}2002  {c |}{col 22}{res}{space 2} 127.5037{col 34}{space 2} 102.2684{col 45}{space 1}    1.25{col 54}{space 3}0.213{col 62}{space 4}-73.20736{col 75}{space 3} 328.2147
{txt}{space 15}2003  {c |}{col 22}{res}{space 2} 338.0156{col 34}{space 2} 92.92992{col 45}{space 1}    3.64{col 54}{space 3}0.000{col 62}{space 4} 155.6321{col 75}{space 3} 520.3991
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 633.4813{col 34}{space 2} 106.4351{col 45}{space 1}    5.95{col 54}{space 3}0.000{col 62}{space 4} 424.5927{col 75}{space 3} 842.3699
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 297.1603{col 34}{space 2} 117.1236{col 45}{space 1}    2.54{col 54}{space 3}0.011{col 62}{space 4} 67.29462{col 75}{space 3}  527.026
{txt}{space 15}2006  {c |}{col 22}{res}{space 2} 785.1761{col 34}{space 2} 128.4102{col 45}{space 1}    6.11{col 54}{space 3}0.000{col 62}{space 4} 533.1594{col 75}{space 3} 1037.193
{txt}{space 15}2007  {c |}{col 22}{res}{space 2} 521.9854{col 34}{space 2} 128.2615{col 45}{space 1}    4.07{col 54}{space 3}0.000{col 62}{space 4} 270.2604{col 75}{space 3} 773.7104
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 330.7882{col 34}{space 2} 141.3359{col 45}{space 1}    2.34{col 54}{space 3}0.019{col 62}{space 4} 53.40353{col 75}{space 3} 608.1729
{txt}{space 15}2009  {c |}{col 22}{res}{space 2}-461.5726{col 34}{space 2} 128.4735{col 45}{space 1}   -3.59{col 54}{space 3}0.000{col 62}{space 4}-713.7137{col 75}{space 3}-209.4315
{txt}{space 15}2010  {c |}{col 22}{res}{space 2} 775.5699{col 34}{space 2} 113.6119{col 45}{space 1}    6.83{col 54}{space 3}0.000{col 62}{space 4} 552.5961{col 75}{space 3} 998.5438
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2}-8198.003{col 34}{space 2} 2293.532{col 45}{space 1}   -3.57{col 54}{space 3}0.000{col 62}{space 4}-12699.27{col 75}{space 3}-3696.737
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpost if year>1980 & nonsouth==1
{txt}(option xb assumed; fitted values)
(2,351 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   904) ={res}   31.19
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   904) ={res}   16.57
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom   d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-.9413417{col 26}{space 2} 2.491191{col 37}{space 1}   -0.38{col 46}{space 3}0.706{col 54}{space 4}-5.830533{col 67}{space 3}  3.94785
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 16.57058{col 26}{space 2} 12.46368{col 37}{space 1}    1.33{col 46}{space 3}0.184{col 54}{space 4}-7.857788{col 67}{space 3} 40.99895
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum klarnerranney   if  real_pc_inc_annhatallpost!=. & year > 1980 & nonsouth==1, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res} 21.72549       19.76471
{txt} 5%    {res}       34       19.76471
{txt}10%    {res} 46.66667       19.84314       {txt}Obs         {res}        988
{txt}25%    {res}     67.6       19.84314       {txt}Sum of Wgt. {res}        988

{txt}50%    {res} 81.81818                      {txt}Mean          {res} 76.57816
                        {txt}Largest       Std. Dev.     {res} 19.09421
{txt}75%    {res} 91.02776            100
{txt}90%    {res} 96.73892            100       {txt}Variance      {res} 364.5889
{txt}95%    {res}       98            100       {txt}Skewness      {res}-1.104131
{txt}99%    {res} 99.56694            100       {txt}Kurtosis      {res} 3.515437
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*91.25554  -  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*65.40031 

       {txt}_nl_1:  {res}(_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*91.25554 - (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*65.40031

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 428.4362{col 26}{space 2} 322.2514{col 37}{space 1}    1.33{col 46}{space 3}0.184{col 54}{space 4}-203.1649{col 67}{space 3} 1060.037
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year >1980 & nonsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       988{col 27}-3345.925{col 38}-3232.878{col 49}    78{col 58} 6621.755{col 69} 7003.618
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year >1980 & nonsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       988
{txt}maximum lag: {res}5{col 49}{txt}F( 77,       910){col 67}= {res}      2.93
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2910852{col 29}{space 2} .0315882{col 40}{space 1}   -9.22{col 49}{space 3}0.000{col 57}{space 4}-.3530794{col 70}{space 3}-.2290911
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.0002138{col 29}{space 2} .0003565{col 40}{space 1}   -0.60{col 49}{space 3}0.549{col 57}{space 4}-.0009135{col 70}{space 3}  .000486
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0865264{col 29}{space 2} .0277403{col 40}{space 1}    3.12{col 49}{space 3}0.002{col 57}{space 4} .0320839{col 70}{space 3} .1409688
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0012796{col 29}{space 2} .0009129{col 40}{space 1}   -1.40{col 49}{space 3}0.161{col 57}{space 4}-.0030713{col 70}{space 3}  .000512
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0279075{col 29}{space 2} .0407372{col 40}{space 1}    0.69{col 49}{space 3}0.493{col 57}{space 4}-.0520422{col 70}{space 3} .1078572
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0001856{col 29}{space 2} .0008889{col 40}{space 1}   -0.21{col 49}{space 3}0.835{col 57}{space 4}-.0019302{col 70}{space 3}  .001559
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0151339{col 29}{space 2} .0276207{col 40}{space 1}    0.55{col 49}{space 3}0.584{col 57}{space 4}-.0390737{col 70}{space 3} .0693416
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0004552{col 29}{space 2} .0013357{col 40}{space 1}    0.34{col 49}{space 3}0.733{col 57}{space 4}-.0021663{col 70}{space 3} .0030767
{txt}{space 15} {c |}
{space 6}gov_party {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .9707971{col 29}{space 2} .6940764{col 40}{space 1}    1.40{col 49}{space 3}0.162{col 57}{space 4}-.3913793{col 70}{space 3} 2.332974
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-1.364116{col 29}{space 2} .6422138{col 40}{space 1}   -2.12{col 49}{space 3}0.034{col 57}{space 4}-2.624508{col 70}{space 3}-.1037236
{txt}{space 15} {c |}
{space 4}dem_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.818508{col 29}{space 2} 1.022642{col 40}{space 1}    1.78{col 49}{space 3}0.076{col 57}{space 4}-.1885034{col 70}{space 3} 3.825519
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-.6858022{col 29}{space 2} .8418656{col 40}{space 1}   -0.81{col 49}{space 3}0.416{col 57}{space 4}-2.338026{col 70}{space 3} .9664216
{txt}{space 15} {c |}
{space 4}rep_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.563079{col 29}{space 2} .9650839{col 40}{space 1}    1.62{col 49}{space 3}0.106{col 57}{space 4}-.3309694{col 70}{space 3} 3.457128
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-2.169254{col 29}{space 2} .7850901{col 40}{space 1}   -2.76{col 49}{space 3}0.006{col 57}{space 4}-3.710051{col 70}{space 3}-.6284558
{txt}{space 15} {c |}
{space 1}electedjudges1 {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-1.277273{col 29}{space 2} 2.154897{col 40}{space 1}   -0.59{col 49}{space 3}0.554{col 57}{space 4}-5.506419{col 70}{space 3} 2.951873
{txt}{space 12}LD. {c |}{col 17}{res}{space 2} 2.070061{col 29}{space 2} 1.750862{col 40}{space 1}    1.18{col 49}{space 3}0.237{col 57}{space 4}-1.366137{col 70}{space 3} 5.506258
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}4  {c |}{col 17}{res}{space 2}-2.566685{col 29}{space 2} 2.738979{col 40}{space 1}   -0.94{col 49}{space 3}0.349{col 57}{space 4}-7.942136{col 70}{space 3} 2.808766
{txt}{space 13}6  {c |}{col 17}{res}{space 2}-1.247454{col 29}{space 2} 2.307579{col 40}{space 1}   -0.54{col 49}{space 3}0.589{col 57}{space 4} -5.77625{col 70}{space 3} 3.281341
{txt}{space 13}8  {c |}{col 17}{res}{space 2}-1.186826{col 29}{space 2} 2.694638{col 40}{space 1}   -0.44{col 49}{space 3}0.660{col 57}{space 4}-6.475252{col 70}{space 3} 4.101601
{txt}{space 13}9  {c |}{col 17}{res}{space 2}-1.033214{col 29}{space 2} 2.403013{col 40}{space 1}   -0.43{col 49}{space 3}0.667{col 57}{space 4}-5.749306{col 70}{space 3} 3.682877
{txt}{space 12}15  {c |}{col 17}{res}{space 2}-16.85907{col 29}{space 2} 3.201574{col 40}{space 1}   -5.27{col 49}{space 3}0.000{col 57}{space 4} -23.1424{col 70}{space 3}-10.57575
{txt}{space 12}16  {c |}{col 17}{res}{space 2}-11.12204{col 29}{space 2} 4.213966{col 40}{space 1}   -2.64{col 49}{space 3}0.008{col 57}{space 4}-19.39226{col 70}{space 3}-2.851815
{txt}{space 12}17  {c |}{col 17}{res}{space 2}  1.78903{col 29}{space 2} 2.255379{col 40}{space 1}    0.79{col 49}{space 3}0.428{col 57}{space 4}-2.637318{col 70}{space 3} 6.215378
{txt}{space 12}18  {c |}{col 17}{res}{space 2}-1.262749{col 29}{space 2}  2.78764{col 40}{space 1}   -0.45{col 49}{space 3}0.651{col 57}{space 4}  -6.7337{col 70}{space 3} 4.208203
{txt}{space 12}19  {c |}{col 17}{res}{space 2} .1636038{col 29}{space 2} 2.665256{col 40}{space 1}    0.06{col 49}{space 3}0.951{col 57}{space 4}-5.067159{col 70}{space 3} 5.394367
{txt}{space 12}20  {c |}{col 17}{res}{space 2} -5.18306{col 29}{space 2} 2.801527{col 40}{space 1}   -1.85{col 49}{space 3}0.065{col 57}{space 4}-10.68127{col 70}{space 3} .3151462
{txt}{space 12}23  {c |}{col 17}{res}{space 2} -.609146{col 29}{space 2} 3.041801{col 40}{space 1}   -0.20{col 49}{space 3}0.841{col 57}{space 4}-6.578907{col 70}{space 3} 5.360615
{txt}{space 12}25  {c |}{col 17}{res}{space 2}-13.67194{col 29}{space 2} 2.709853{col 40}{space 1}   -5.05{col 49}{space 3}0.000{col 57}{space 4}-18.99023{col 70}{space 3}-8.353656
{txt}{space 12}26  {c |}{col 17}{res}{space 2} 2.441351{col 29}{space 2} 3.056692{col 40}{space 1}    0.80{col 49}{space 3}0.425{col 57}{space 4}-3.557634{col 70}{space 3} 8.440335
{txt}{space 12}27  {c |}{col 17}{res}{space 2} -.159234{col 29}{space 2} 3.451246{col 40}{space 1}   -0.05{col 49}{space 3}0.963{col 57}{space 4}-6.932561{col 70}{space 3} 6.614093
{txt}{space 12}29  {c |}{col 17}{res}{space 2}-2.971875{col 29}{space 2} 2.751368{col 40}{space 1}   -1.08{col 49}{space 3}0.280{col 57}{space 4}-8.371639{col 70}{space 3} 2.427889
{txt}{space 12}30  {c |}{col 17}{res}{space 2}-.7777874{col 29}{space 2} 3.116352{col 40}{space 1}   -0.25{col 49}{space 3}0.803{col 57}{space 4}-6.893859{col 70}{space 3} 5.338284
{txt}{space 12}32  {c |}{col 17}{res}{space 2} 2.135151{col 29}{space 2} 3.019267{col 40}{space 1}    0.71{col 49}{space 3}0.480{col 57}{space 4}-3.790385{col 70}{space 3} 8.060687
{txt}{space 12}33  {c |}{col 17}{res}{space 2}-5.491921{col 29}{space 2} 2.512447{col 40}{space 1}   -2.19{col 49}{space 3}0.029{col 57}{space 4}-10.42279{col 70}{space 3}-.5610574
{txt}{space 12}34  {c |}{col 17}{res}{space 2}-.2969537{col 29}{space 2} 2.274648{col 40}{space 1}   -0.13{col 49}{space 3}0.896{col 57}{space 4}-4.761119{col 70}{space 3} 4.167212
{txt}{space 12}35  {c |}{col 17}{res}{space 2}-2.295716{col 29}{space 2} 3.526525{col 40}{space 1}   -0.65{col 49}{space 3}0.515{col 57}{space 4}-9.216784{col 70}{space 3} 4.625352
{txt}{space 12}36  {c |}{col 17}{res}{space 2} 2.392364{col 29}{space 2} 2.003556{col 40}{space 1}    1.19{col 49}{space 3}0.233{col 57}{space 4}-1.539763{col 70}{space 3} 6.324491
{txt}{space 12}38  {c |}{col 17}{res}{space 2}-2.642414{col 29}{space 2} 3.578015{col 40}{space 1}   -0.74{col 49}{space 3}0.460{col 57}{space 4}-9.664534{col 70}{space 3} 4.379705
{txt}{space 12}39  {c |}{col 17}{res}{space 2} .2734926{col 29}{space 2} 3.275363{col 40}{space 1}    0.08{col 49}{space 3}0.933{col 57}{space 4} -6.15465{col 70}{space 3} 6.701635
{txt}{space 12}41  {c |}{col 17}{res}{space 2} 1.380282{col 29}{space 2} 3.180139{col 40}{space 1}    0.43{col 49}{space 3}0.664{col 57}{space 4}-4.860977{col 70}{space 3} 7.621541
{txt}{space 12}42  {c |}{col 17}{res}{space 2} 1.493779{col 29}{space 2} 2.301947{col 40}{space 1}    0.65{col 49}{space 3}0.517{col 57}{space 4}-3.023963{col 70}{space 3}  6.01152
{txt}{space 12}44  {c |}{col 17}{res}{space 2}-14.51012{col 29}{space 2} 3.252553{col 40}{space 1}   -4.46{col 49}{space 3}0.000{col 57}{space 4} -20.8935{col 70}{space 3}-8.126741
{txt}{space 12}46  {c |}{col 17}{res}{space 2}-7.157729{col 29}{space 2} 3.162991{col 40}{space 1}   -2.26{col 49}{space 3}0.024{col 57}{space 4}-13.36533{col 70}{space 3}-.9501245
{txt}{space 12}49  {c |}{col 17}{res}{space 2}-10.07646{col 29}{space 2} 3.427167{col 40}{space 1}   -2.94{col 49}{space 3}0.003{col 57}{space 4}-16.80253{col 70}{space 3} -3.35039
{txt}{space 12}50  {c |}{col 17}{res}{space 2}-.7926481{col 29}{space 2} 2.728157{col 40}{space 1}   -0.29{col 49}{space 3}0.771{col 57}{space 4}-6.146859{col 70}{space 3} 4.561563
{txt}{space 12}53  {c |}{col 17}{res}{space 2} 1.318063{col 29}{space 2} 3.105284{col 40}{space 1}    0.42{col 49}{space 3}0.671{col 57}{space 4}-4.776287{col 70}{space 3} 7.412413
{txt}{space 12}55  {c |}{col 17}{res}{space 2} 2.446227{col 29}{space 2} 3.144731{col 40}{space 1}    0.78{col 49}{space 3}0.437{col 57}{space 4}-3.725541{col 70}{space 3} 8.617995
{txt}{space 12}56  {c |}{col 17}{res}{space 2}-8.339392{col 29}{space 2}  2.75173{col 40}{space 1}   -3.03{col 49}{space 3}0.003{col 57}{space 4}-13.73987{col 70}{space 3}-2.938918
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-.0128491{col 29}{space 2} 1.670866{col 40}{space 1}   -0.01{col 49}{space 3}0.994{col 57}{space 4}-3.292048{col 70}{space 3} 3.266349
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}   .05156{col 29}{space 2} 2.802016{col 40}{space 1}    0.02{col 49}{space 3}0.985{col 57}{space 4}-5.447605{col 70}{space 3} 5.550725
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} .0885181{col 29}{space 2} 1.730367{col 40}{space 1}    0.05{col 49}{space 3}0.959{col 57}{space 4}-3.307455{col 70}{space 3} 3.484491
{txt}{space 10}1985  {c |}{col 17}{res}{space 2} .7047327{col 29}{space 2} 2.206225{col 40}{space 1}    0.32{col 49}{space 3}0.749{col 57}{space 4}-3.625149{col 70}{space 3} 5.034614
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} .3761496{col 29}{space 2} 1.796196{col 40}{space 1}    0.21{col 49}{space 3}0.834{col 57}{space 4}-3.149019{col 70}{space 3} 3.901318
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.392176{col 29}{space 2} 2.161372{col 40}{space 1}    1.11{col 49}{space 3}0.269{col 57}{space 4}-1.849676{col 70}{space 3} 6.634028
{txt}{space 10}1988  {c |}{col 17}{res}{space 2} .7072843{col 29}{space 2} 1.788995{col 40}{space 1}    0.40{col 49}{space 3}0.693{col 57}{space 4} -2.80375{col 70}{space 3} 4.218319
{txt}{space 10}1989  {c |}{col 17}{res}{space 2} 1.983848{col 29}{space 2} 2.100995{col 40}{space 1}    0.94{col 49}{space 3}0.345{col 57}{space 4}-2.139512{col 70}{space 3} 6.107207
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} .8116225{col 29}{space 2} 1.911399{col 40}{space 1}    0.42{col 49}{space 3}0.671{col 57}{space 4}-2.939639{col 70}{space 3} 4.562884
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 2.543082{col 29}{space 2} 2.308742{col 40}{space 1}    1.10{col 49}{space 3}0.271{col 57}{space 4}-1.987996{col 70}{space 3}  7.07416
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} 1.290797{col 29}{space 2} 2.076492{col 40}{space 1}    0.62{col 49}{space 3}0.534{col 57}{space 4}-2.784472{col 70}{space 3} 5.366067
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 1.689471{col 29}{space 2} 2.489861{col 40}{space 1}    0.68{col 49}{space 3}0.498{col 57}{space 4}-3.197067{col 70}{space 3} 6.576009
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 2.462032{col 29}{space 2} 1.880012{col 40}{space 1}    1.31{col 49}{space 3}0.191{col 57}{space 4}-1.227631{col 70}{space 3} 6.151696
{txt}{space 10}1995  {c |}{col 17}{res}{space 2}-2.611228{col 29}{space 2} 2.599915{col 40}{space 1}   -1.00{col 49}{space 3}0.315{col 57}{space 4}-7.713755{col 70}{space 3}   2.4913
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 1.512137{col 29}{space 2} 1.956669{col 40}{space 1}    0.77{col 49}{space 3}0.440{col 57}{space 4} -2.32797{col 70}{space 3} 5.352245
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} .2530066{col 29}{space 2}  2.43467{col 40}{space 1}    0.10{col 49}{space 3}0.917{col 57}{space 4}-4.525213{col 70}{space 3} 5.031226
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.453973{col 29}{space 2} 2.281832{col 40}{space 1}    0.64{col 49}{space 3}0.524{col 57}{space 4}-3.024291{col 70}{space 3} 5.932238
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 1.730423{col 29}{space 2} 2.582975{col 40}{space 1}    0.67{col 49}{space 3}0.503{col 57}{space 4}-3.338857{col 70}{space 3} 6.799704
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1.773932{col 29}{space 2} 2.511948{col 40}{space 1}    0.71{col 49}{space 3}0.480{col 57}{space 4}-3.155953{col 70}{space 3} 6.703816
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} .5679923{col 29}{space 2} 2.738328{col 40}{space 1}    0.21{col 49}{space 3}0.836{col 57}{space 4}-4.806179{col 70}{space 3} 5.942164
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}  1.24972{col 29}{space 2} 2.612841{col 40}{space 1}    0.48{col 49}{space 3}0.633{col 57}{space 4}-3.878174{col 70}{space 3} 6.377615
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-.4914136{col 29}{space 2}  2.68974{col 40}{space 1}   -0.18{col 49}{space 3}0.855{col 57}{space 4}-5.770229{col 70}{space 3} 4.787402
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 1.297627{col 29}{space 2} 2.619437{col 40}{space 1}    0.50{col 49}{space 3}0.620{col 57}{space 4}-3.843213{col 70}{space 3} 6.438467
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-.2971938{col 29}{space 2} 2.729695{col 40}{space 1}   -0.11{col 49}{space 3}0.913{col 57}{space 4}-5.654423{col 70}{space 3} 5.060035
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 1.001824{col 29}{space 2}   2.6768{col 40}{space 1}    0.37{col 49}{space 3}0.708{col 57}{space 4}-4.251595{col 70}{space 3} 6.255244
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 1.261525{col 29}{space 2} 3.238363{col 40}{space 1}    0.39{col 49}{space 3}0.697{col 57}{space 4}-5.094003{col 70}{space 3} 7.617053
{txt}{space 10}2008  {c |}{col 17}{res}{space 2} .4949278{col 29}{space 2} 2.866376{col 40}{space 1}    0.17{col 49}{space 3}0.863{col 57}{space 4}-5.130549{col 70}{space 3} 6.120404
{txt}{space 10}2009  {c |}{col 17}{res}{space 2}-3.169687{col 29}{space 2} 3.094515{col 40}{space 1}   -1.02{col 49}{space 3}0.306{col 57}{space 4}-9.242901{col 70}{space 3} 2.903528
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-5.281939{col 29}{space 2} 3.614123{col 40}{space 1}   -1.46{col 49}{space 3}0.144{col 57}{space 4}-12.37492{col 70}{space 3} 1.811046
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}   27.224{col 29}{space 2} 7.208668{col 40}{space 1}    3.78{col 49}{space 3}0.000{col 57}{space 4} 13.07645{col 70}{space 3} 41.37154
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. predict klarnerranneyhatallpost if year>1980 & nonsouth==1
{txt}(option xb assumed; fitted values)
(2,351 missing values generated)

{com}. 
. * 
. 
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.klarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney = 0{p_end}

{txt}       F(  1,   910) ={res}   84.92
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.klarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.klarnerranney = 0{p_end}

{txt}       F(  2,   910) ={res}   43.30
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann  +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}  -.00101{col 26}{space 2} .0012699{col 37}{space 1}   -0.80{col 46}{space 3}0.427{col 54}{space 4}-.0035023{col 67}{space 3} .0014822
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-.0007344{col 26}{space 2} .0012112{col 37}{space 1}   -0.61{col 46}{space 3}0.544{col 54}{space 4}-.0031083{col 67}{space 3} .0016396
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. sum real_pc_inc_ann  klarnerranney  if klarnerranneyhatallpost!=. & year > 1980 & nonsouth==1, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 10334.08       9970.614
{txt} 5%    {res} 11314.22       10079.15
{txt}10%    {res}  11992.2        10212.7       {txt}Obs         {res}        988
{txt}25%    {res} 13509.19       10259.88       {txt}Sum of Wgt. {res}        988

{txt}50%    {res} 15551.51                      {txt}Mean          {res} 15760.01
                        {txt}Largest       Std. Dev.     {res} 3003.191
{txt}75%    {res} 17528.76       24873.97
{txt}90%    {res} 19628.83       25955.62       {txt}Variance      {res}  9019159
{txt}95%    {res} 20815.45       26455.53       {txt}Skewness      {res} .5808953
{txt}99%    {res}  24238.4       26940.36       {txt}Kurtosis      {res} 3.276835

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res} 21.72549       19.76471
{txt} 5%    {res}       34       19.76471
{txt}10%    {res} 46.66667       19.84314       {txt}Obs         {res}        988
{txt}25%    {res}     67.6       19.84314       {txt}Sum of Wgt. {res}        988

{txt}50%    {res} 81.81818                      {txt}Mean          {res} 76.57816
                        {txt}Largest       Std. Dev.     {res} 19.09421
{txt}75%    {res} 91.02776            100
{txt}90%    {res} 96.73892            100       {txt}Variance      {res} 364.5889
{txt}95%    {res}       98            100       {txt}Skewness      {res}-1.104131
{txt}99%    {res} 99.56694            100       {txt}Kurtosis      {res} 3.515437
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF  real_pc_inc_ann ON klarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*17661.71   -  (_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*13630.93

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*17661.71 - (_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*13630.93

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-2.960062{col 26}{space 2} 4.882106{col 37}{space 1}   -0.61{col 46}{space 3}0.544{col 54}{space 4}-12.52881{col 67}{space 3} 6.608689
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. restore
{txt}
{com}. 
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. 
. 
. preserve
{txt}
{com}. 
. 
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. 
. 
. 
. 
. 
. // (4,3)  MODEL
. 
. 
. 
. *** II.A: SOUTHERN STATES (N = 14): FULL TIME PERIOD (1942 - 2010) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney   l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party i.state_fips i.year if nonsouth==0
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}     1,040{col 27}-7353.899{col 38}-6743.674{col 49}    98{col 58} 13683.35{col 69} 14168.15
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney   l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}     1,040
{txt}maximum lag: {res}8{col 49}{txt}F( 97,       942){col 67}= {res}     51.64
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.0456283{col 34}{space 2} .0148138{col 45}{space 1}   -3.08{col 54}{space 3}0.002{col 62}{space 4}-.0747001{col 75}{space 3}-.0165565
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}  .779593{col 34}{space 2}  .491228{col 45}{space 1}    1.59{col 54}{space 3}0.113{col 62}{space 4}-.1844348{col 75}{space 3} 1.743621
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2}  .210329{col 34}{space 2}  .079057{col 45}{space 1}    2.66{col 54}{space 3}0.008{col 62}{space 4} .0551808{col 75}{space 3} .3654773
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-1.057813{col 34}{space 2} 1.102038{col 45}{space 1}   -0.96{col 54}{space 3}0.337{col 62}{space 4}-3.220547{col 75}{space 3} 1.104922
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .0760364{col 34}{space 2} .0713891{col 45}{space 1}    1.07{col 54}{space 3}0.287{col 62}{space 4}-.0640636{col 75}{space 3} .2161365
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} -.238675{col 34}{space 2} 1.073827{col 45}{space 1}   -0.22{col 54}{space 3}0.824{col 62}{space 4}-2.346045{col 75}{space 3} 1.868695
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0133659{col 34}{space 2} .0491591{col 45}{space 1}   -0.27{col 54}{space 3}0.786{col 62}{space 4}-.1098399{col 75}{space 3} .0831081
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-.9127406{col 34}{space 2} 1.088692{col 45}{space 1}   -0.84{col 54}{space 3}0.402{col 62}{space 4}-3.049283{col 75}{space 3} 1.223802
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} -229.063{col 34}{space 2} 187.5779{col 45}{space 1}   -1.22{col 54}{space 3}0.222{col 62}{space 4} -597.182{col 75}{space 3} 139.0559
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-80.38392{col 34}{space 2} 260.6198{col 45}{space 1}   -0.31{col 54}{space 3}0.758{col 62}{space 4}-591.8465{col 75}{space 3} 431.0786
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-12.55353{col 34}{space 2} 26.30234{col 45}{space 1}   -0.48{col 54}{space 3}0.633{col 62}{space 4}-64.17149{col 75}{space 3} 39.06444
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 17.92001{col 34}{space 2} 52.20813{col 45}{space 1}    0.34{col 54}{space 3}0.731{col 62}{space 4} -84.5377{col 75}{space 3} 120.3777
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 22.40876{col 34}{space 2} 180.2101{col 45}{space 1}    0.12{col 54}{space 3}0.901{col 62}{space 4} -331.251{col 75}{space 3} 376.0685
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-959.4704{col 34}{space 2} 500.4324{col 45}{space 1}   -1.92{col 54}{space 3}0.056{col 62}{space 4}-1941.562{col 75}{space 3} 22.62091
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-152.6848{col 34}{space 2} 276.0757{col 45}{space 1}   -0.55{col 54}{space 3}0.580{col 62}{space 4}-694.4793{col 75}{space 3} 389.1097
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 2884.961{col 34}{space 2} 837.8786{col 45}{space 1}    3.44{col 54}{space 3}0.001{col 62}{space 4} 1240.636{col 75}{space 3} 4529.286
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 10.04435{col 34}{space 2} 16.72451{col 45}{space 1}    0.60{col 54}{space 3}0.548{col 62}{space 4}-22.77726{col 75}{space 3} 42.86595
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 29.42953{col 34}{space 2} 20.82617{col 45}{space 1}    1.41{col 54}{space 3}0.158{col 62}{space 4}-11.44153{col 75}{space 3} 70.30059
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}5  {c |}{col 22}{res}{space 2}-29.86718{col 34}{space 2} 23.77852{col 45}{space 1}   -1.26{col 54}{space 3}0.209{col 62}{space 4}-76.53218{col 75}{space 3} 16.79782
{txt}{space 17}10  {c |}{col 22}{res}{space 2} 130.3618{col 34}{space 2} 64.76012{col 45}{space 1}    2.01{col 54}{space 3}0.044{col 62}{space 4}  3.27102{col 75}{space 3} 257.4526
{txt}{space 17}12  {c |}{col 22}{res}{space 2} 90.68184{col 34}{space 2} 35.23368{col 45}{space 1}    2.57{col 54}{space 3}0.010{col 62}{space 4} 21.53625{col 75}{space 3} 159.8274
{txt}{space 17}13  {c |}{col 22}{res}{space 2} 45.46697{col 34}{space 2} 27.26931{col 45}{space 1}    1.67{col 54}{space 3}0.096{col 62}{space 4}-8.048664{col 75}{space 3}  98.9826
{txt}{space 17}21  {c |}{col 22}{res}{space 2}-37.67243{col 34}{space 2} 40.60951{col 45}{space 1}   -0.93{col 54}{space 3}0.354{col 62}{space 4} -117.368{col 75}{space 3} 42.02315
{txt}{space 17}22  {c |}{col 22}{res}{space 2} 27.53299{col 34}{space 2} 36.83817{col 45}{space 1}    0.75{col 54}{space 3}0.455{col 62}{space 4}-44.76138{col 75}{space 3} 99.82737
{txt}{space 17}24  {c |}{col 22}{res}{space 2} 226.8339{col 34}{space 2} 65.50732{col 45}{space 1}    3.46{col 54}{space 3}0.001{col 62}{space 4} 98.27677{col 75}{space 3} 355.3911
{txt}{space 17}28  {c |}{col 22}{res}{space 2} -64.5033{col 34}{space 2} 29.23786{col 45}{space 1}   -2.21{col 54}{space 3}0.028{col 62}{space 4}-121.8822{col 75}{space 3} -7.12442
{txt}{space 17}37  {c |}{col 22}{res}{space 2} 22.59679{col 34}{space 2} 24.09566{col 45}{space 1}    0.94{col 54}{space 3}0.349{col 62}{space 4} -24.6906{col 75}{space 3} 69.88418
{txt}{space 17}40  {c |}{col 22}{res}{space 2} 5.374588{col 34}{space 2}  36.1982{col 45}{space 1}    0.15{col 54}{space 3}0.882{col 62}{space 4}-65.66386{col 75}{space 3} 76.41304
{txt}{space 17}45  {c |}{col 22}{res}{space 2}-11.51008{col 34}{space 2} 18.82861{col 45}{space 1}   -0.61{col 54}{space 3}0.541{col 62}{space 4}-48.46095{col 75}{space 3}  25.4408
{txt}{space 17}47  {c |}{col 22}{res}{space 2} 3.210814{col 34}{space 2} 26.10865{col 45}{space 1}    0.12{col 54}{space 3}0.902{col 62}{space 4}-48.02704{col 75}{space 3} 54.44866
{txt}{space 17}48  {c |}{col 22}{res}{space 2} 69.66881{col 34}{space 2} 31.71995{col 45}{space 1}    2.20{col 54}{space 3}0.028{col 62}{space 4} 7.418862{col 75}{space 3} 131.9188
{txt}{space 17}51  {c |}{col 22}{res}{space 2} 159.0556{col 34}{space 2} 42.27785{col 45}{space 1}    3.76{col 54}{space 3}0.000{col 62}{space 4} 76.08592{col 75}{space 3} 242.0253
{txt}{space 17}54  {c |}{col 22}{res}{space 2}-46.64608{col 34}{space 2} 39.39222{col 45}{space 1}   -1.18{col 54}{space 3}0.237{col 62}{space 4}-123.9527{col 75}{space 3} 30.66058
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1947  {c |}{col 22}{res}{space 2} 172.8155{col 34}{space 2} 83.96756{col 45}{space 1}    2.06{col 54}{space 3}0.040{col 62}{space 4} 8.030353{col 75}{space 3} 337.6006
{txt}{space 15}1948  {c |}{col 22}{res}{space 2} 655.0923{col 34}{space 2} 93.68448{col 45}{space 1}    6.99{col 54}{space 3}0.000{col 62}{space 4} 471.2378{col 75}{space 3} 838.9467
{txt}{space 15}1949  {c |}{col 22}{res}{space 2} 477.5285{col 34}{space 2} 111.9026{col 45}{space 1}    4.27{col 54}{space 3}0.000{col 62}{space 4} 257.9214{col 75}{space 3} 697.1356
{txt}{space 15}1950  {c |}{col 22}{res}{space 2} 689.5596{col 34}{space 2} 104.6884{col 45}{space 1}    6.59{col 54}{space 3}0.000{col 62}{space 4} 484.1101{col 75}{space 3}  895.009
{txt}{space 15}1951  {c |}{col 22}{res}{space 2} 547.1488{col 34}{space 2} 76.73591{col 45}{space 1}    7.13{col 54}{space 3}0.000{col 62}{space 4} 396.5556{col 75}{space 3} 697.7419
{txt}{space 15}1952  {c |}{col 22}{res}{space 2}    642.7{col 34}{space 2} 63.88269{col 45}{space 1}   10.06{col 54}{space 3}0.000{col 62}{space 4} 517.3312{col 75}{space 3} 768.0689
{txt}{space 15}1953  {c |}{col 22}{res}{space 2} 588.9892{col 34}{space 2} 68.46199{col 45}{space 1}    8.60{col 54}{space 3}0.000{col 62}{space 4} 454.6336{col 75}{space 3} 723.3449
{txt}{space 15}1954  {c |}{col 22}{res}{space 2} 372.1273{col 34}{space 2} 65.14963{col 45}{space 1}    5.71{col 54}{space 3}0.000{col 62}{space 4} 244.2721{col 75}{space 3} 499.9825
{txt}{space 15}1955  {c |}{col 22}{res}{space 2} 845.0198{col 34}{space 2} 67.86265{col 45}{space 1}   12.45{col 54}{space 3}0.000{col 62}{space 4} 711.8404{col 75}{space 3} 978.1993
{txt}{space 15}1956  {c |}{col 22}{res}{space 2} 740.8022{col 34}{space 2} 81.01309{col 45}{space 1}    9.14{col 54}{space 3}0.000{col 62}{space 4} 581.8152{col 75}{space 3} 899.7892
{txt}{space 15}1957  {c |}{col 22}{res}{space 2} 382.1668{col 34}{space 2} 82.94096{col 45}{space 1}    4.61{col 54}{space 3}0.000{col 62}{space 4} 219.3963{col 75}{space 3} 544.9372
{txt}{space 15}1958  {c |}{col 22}{res}{space 2}  515.924{col 34}{space 2} 73.82767{col 45}{space 1}    6.99{col 54}{space 3}0.000{col 62}{space 4} 371.0383{col 75}{space 3} 660.8098
{txt}{space 15}1959  {c |}{col 22}{res}{space 2} 770.9453{col 34}{space 2} 72.46775{col 45}{space 1}   10.64{col 54}{space 3}0.000{col 62}{space 4} 628.7284{col 75}{space 3} 913.1622
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 537.0429{col 34}{space 2} 76.25342{col 45}{space 1}    7.04{col 54}{space 3}0.000{col 62}{space 4} 387.3967{col 75}{space 3} 686.6891
{txt}{space 15}1961  {c |}{col 22}{res}{space 2} 671.2463{col 34}{space 2} 75.08613{col 45}{space 1}    8.94{col 54}{space 3}0.000{col 62}{space 4} 523.8908{col 75}{space 3} 818.6017
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 744.0146{col 34}{space 2} 73.56347{col 45}{space 1}   10.11{col 54}{space 3}0.000{col 62}{space 4} 599.6474{col 75}{space 3} 888.3819
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 733.4841{col 34}{space 2} 74.96283{col 45}{space 1}    9.78{col 54}{space 3}0.000{col 62}{space 4} 586.3706{col 75}{space 3} 880.5975
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 856.4443{col 34}{space 2} 72.82955{col 45}{space 1}   11.76{col 54}{space 3}0.000{col 62}{space 4} 713.5173{col 75}{space 3} 999.3712
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 893.0665{col 34}{space 2} 77.72336{col 45}{space 1}   11.49{col 54}{space 3}0.000{col 62}{space 4} 740.5355{col 75}{space 3} 1045.597
{txt}{space 15}1966  {c |}{col 22}{res}{space 2} 863.5923{col 34}{space 2} 80.91781{col 45}{space 1}   10.67{col 54}{space 3}0.000{col 62}{space 4} 704.7923{col 75}{space 3} 1022.392
{txt}{space 15}1967  {c |}{col 22}{res}{space 2} 867.6738{col 34}{space 2} 79.02505{col 45}{space 1}   10.98{col 54}{space 3}0.000{col 62}{space 4} 712.5883{col 75}{space 3} 1022.759
{txt}{space 15}1968  {c |}{col 22}{res}{space 2}  928.467{col 34}{space 2} 82.60044{col 45}{space 1}   11.24{col 54}{space 3}0.000{col 62}{space 4} 766.3649{col 75}{space 3} 1090.569
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 898.9993{col 34}{space 2} 92.07828{col 45}{space 1}    9.76{col 54}{space 3}0.000{col 62}{space 4}  718.297{col 75}{space 3} 1079.702
{txt}{space 15}1970  {c |}{col 22}{res}{space 2} 744.2198{col 34}{space 2} 88.63582{col 45}{space 1}    8.40{col 54}{space 3}0.000{col 62}{space 4} 570.2733{col 75}{space 3} 918.1663
{txt}{space 15}1971  {c |}{col 22}{res}{space 2} 883.2823{col 34}{space 2} 84.40041{col 45}{space 1}   10.47{col 54}{space 3}0.000{col 62}{space 4} 717.6477{col 75}{space 3} 1048.917
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 1172.733{col 34}{space 2} 95.46403{col 45}{space 1}   12.28{col 54}{space 3}0.000{col 62}{space 4} 985.3863{col 75}{space 3}  1360.08
{txt}{space 15}1973  {c |}{col 22}{res}{space 2} 1077.906{col 34}{space 2} 104.4708{col 45}{space 1}   10.32{col 54}{space 3}0.000{col 62}{space 4}  872.884{col 75}{space 3} 1282.929
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 497.9767{col 34}{space 2} 101.9057{col 45}{space 1}    4.89{col 54}{space 3}0.000{col 62}{space 4} 297.9883{col 75}{space 3} 697.9651
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 570.2823{col 34}{space 2} 99.41509{col 45}{space 1}    5.74{col 54}{space 3}0.000{col 62}{space 4} 375.1816{col 75}{space 3} 765.3829
{txt}{space 15}1976  {c |}{col 22}{res}{space 2} 1149.398{col 34}{space 2} 108.6858{col 45}{space 1}   10.58{col 54}{space 3}0.000{col 62}{space 4} 936.1039{col 75}{space 3} 1362.692
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 912.9188{col 34}{space 2} 123.7367{col 45}{space 1}    7.38{col 54}{space 3}0.000{col 62}{space 4} 670.0874{col 75}{space 3}  1155.75
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 1048.599{col 34}{space 2} 114.7064{col 45}{space 1}    9.14{col 54}{space 3}0.000{col 62}{space 4} 823.4896{col 75}{space 3} 1273.709
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 656.7866{col 34}{space 2} 117.3344{col 45}{space 1}    5.60{col 54}{space 3}0.000{col 62}{space 4} 426.5196{col 75}{space 3} 887.0536
{txt}{space 15}1980  {c |}{col 22}{res}{space 2} 488.2944{col 34}{space 2} 122.3292{col 45}{space 1}    3.99{col 54}{space 3}0.000{col 62}{space 4} 248.2251{col 75}{space 3} 728.3638
{txt}{space 15}1981  {c |}{col 22}{res}{space 2} 937.4651{col 34}{space 2} 127.2302{col 45}{space 1}    7.37{col 54}{space 3}0.000{col 62}{space 4} 687.7777{col 75}{space 3} 1187.153
{txt}{space 15}1982  {c |}{col 22}{res}{space 2} 795.8079{col 34}{space 2} 129.9354{col 45}{space 1}    6.12{col 54}{space 3}0.000{col 62}{space 4} 540.8114{col 75}{space 3} 1050.804
{txt}{space 15}1983  {c |}{col 22}{res}{space 2} 961.6771{col 34}{space 2} 131.6727{col 45}{space 1}    7.30{col 54}{space 3}0.000{col 62}{space 4} 703.2714{col 75}{space 3} 1220.083
{txt}{space 15}1984  {c |}{col 22}{res}{space 2} 1272.271{col 34}{space 2} 121.4222{col 45}{space 1}   10.48{col 54}{space 3}0.000{col 62}{space 4} 1033.982{col 75}{space 3}  1510.56
{txt}{space 15}1985  {c |}{col 22}{res}{space 2} 973.9348{col 34}{space 2} 131.2882{col 45}{space 1}    7.42{col 54}{space 3}0.000{col 62}{space 4} 716.2835{col 75}{space 3} 1231.586
{txt}{space 15}1986  {c |}{col 22}{res}{space 2} 959.0427{col 34}{space 2} 124.3108{col 45}{space 1}    7.71{col 54}{space 3}0.000{col 62}{space 4} 715.0845{col 75}{space 3} 1203.001
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 896.1465{col 34}{space 2} 127.1805{col 45}{space 1}    7.05{col 54}{space 3}0.000{col 62}{space 4} 646.5566{col 75}{space 3} 1145.736
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 1140.225{col 34}{space 2}  127.942{col 45}{space 1}    8.91{col 54}{space 3}0.000{col 62}{space 4}  889.141{col 75}{space 3}  1391.31
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 1054.115{col 34}{space 2} 143.2089{col 45}{space 1}    7.36{col 54}{space 3}0.000{col 62}{space 4} 773.0695{col 75}{space 3}  1335.16
{txt}{space 15}1990  {c |}{col 22}{res}{space 2} 744.5622{col 34}{space 2}  142.882{col 45}{space 1}    5.21{col 54}{space 3}0.000{col 62}{space 4} 464.1583{col 75}{space 3} 1024.966
{txt}{space 15}1991  {c |}{col 22}{res}{space 2} 753.9625{col 34}{space 2} 136.7864{col 45}{space 1}    5.51{col 54}{space 3}0.000{col 62}{space 4} 485.5211{col 75}{space 3} 1022.404
{txt}{space 15}1992  {c |}{col 22}{res}{space 2} 1153.279{col 34}{space 2} 141.9353{col 45}{space 1}    8.13{col 54}{space 3}0.000{col 62}{space 4} 874.7332{col 75}{space 3} 1431.825
{txt}{space 15}1993  {c |}{col 22}{res}{space 2} 880.6272{col 34}{space 2} 150.6825{col 45}{space 1}    5.84{col 54}{space 3}0.000{col 62}{space 4}  584.915{col 75}{space 3} 1176.339
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 1055.698{col 34}{space 2} 142.2094{col 45}{space 1}    7.42{col 54}{space 3}0.000{col 62}{space 4} 776.6146{col 75}{space 3} 1334.782
{txt}{space 15}1995  {c |}{col 22}{res}{space 2} 998.7399{col 34}{space 2} 145.0489{col 45}{space 1}    6.89{col 54}{space 3}0.000{col 62}{space 4} 714.0836{col 75}{space 3} 1283.396
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 1051.873{col 34}{space 2} 144.5551{col 45}{space 1}    7.28{col 54}{space 3}0.000{col 62}{space 4} 768.1859{col 75}{space 3}  1335.56
{txt}{space 15}1997  {c |}{col 22}{res}{space 2} 1118.254{col 34}{space 2} 147.1781{col 45}{space 1}    7.60{col 54}{space 3}0.000{col 62}{space 4} 829.4195{col 75}{space 3} 1407.089
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 1392.831{col 34}{space 2} 149.5919{col 45}{space 1}    9.31{col 54}{space 3}0.000{col 62}{space 4} 1099.259{col 75}{space 3} 1686.403
{txt}{space 15}1999  {c |}{col 22}{res}{space 2}  964.282{col 34}{space 2} 155.3913{col 45}{space 1}    6.21{col 54}{space 3}0.000{col 62}{space 4} 659.3288{col 75}{space 3} 1269.235
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 1255.428{col 34}{space 2} 153.1651{col 45}{space 1}    8.20{col 54}{space 3}0.000{col 62}{space 4} 954.8433{col 75}{space 3} 1556.012
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 1021.098{col 34}{space 2} 170.0746{col 45}{space 1}    6.00{col 54}{space 3}0.000{col 62}{space 4}  687.329{col 75}{space 3} 1354.867
{txt}{space 15}2002  {c |}{col 22}{res}{space 2} 878.3777{col 34}{space 2} 157.7096{col 45}{space 1}    5.57{col 54}{space 3}0.000{col 62}{space 4} 568.8749{col 75}{space 3}  1187.88
{txt}{space 15}2003  {c |}{col 22}{res}{space 2}  996.389{col 34}{space 2} 163.1686{col 45}{space 1}    6.11{col 54}{space 3}0.000{col 62}{space 4}  676.173{col 75}{space 3} 1316.605
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 1328.743{col 34}{space 2} 168.8596{col 45}{space 1}    7.87{col 54}{space 3}0.000{col 62}{space 4} 997.3582{col 75}{space 3} 1660.127
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 1139.943{col 34}{space 2} 185.6451{col 45}{space 1}    6.14{col 54}{space 3}0.000{col 62}{space 4} 775.6176{col 75}{space 3} 1504.269
{txt}{space 15}2006  {c |}{col 22}{res}{space 2}  1353.05{col 34}{space 2} 191.6511{col 45}{space 1}    7.06{col 54}{space 3}0.000{col 62}{space 4} 976.9373{col 75}{space 3} 1729.162
{txt}{space 15}2007  {c |}{col 22}{res}{space 2} 1124.736{col 34}{space 2} 177.4952{col 45}{space 1}    6.34{col 54}{space 3}0.000{col 62}{space 4} 776.4046{col 75}{space 3} 1473.068
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 963.1908{col 34}{space 2} 211.7301{col 45}{space 1}    4.55{col 54}{space 3}0.000{col 62}{space 4} 547.6735{col 75}{space 3} 1378.708
{txt}{space 15}2009  {c |}{col 22}{res}{space 2} 301.2984{col 34}{space 2} 191.9764{col 45}{space 1}    1.57{col 54}{space 3}0.117{col 62}{space 4}-75.45241{col 75}{space 3} 678.0492
{txt}{space 15}2010  {c |}{col 22}{res}{space 2} 1282.718{col 34}{space 2} 184.9217{col 45}{space 1}    6.94{col 54}{space 3}0.000{col 62}{space 4} 919.8118{col 75}{space 3} 1645.624
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2}-152.4496{col 34}{space 2} 257.3239{col 45}{space 1}   -0.59{col 54}{space 3}0.554{col 62}{space 4} -657.444{col 75}{space 3} 352.5448
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallfull
{txt}(option xb assumed; fitted values)
(196 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   942) ={res}    9.49
{txt}{col 13}Prob > F ={res}    0.0021
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   942) ={res}    4.78
{txt}{col 13}Prob > F ={res}    0.0086
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-2.209228{col 26}{space 2} 1.937234{col 37}{space 1}   -1.14{col 46}{space 3}0.254{col 54}{space 4}-6.011022{col 67}{space 3} 1.592565
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 17.08575{col 26}{space 2} 8.726556{col 37}{space 1}    1.96{col 46}{space 3}0.050{col 54}{space 4}-.0179873{col 67}{space 3} 34.18948
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. *
. 
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. qui regress d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if nonsouth==0
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}     1,040{col 27}-309.6271{col 38}-139.1059{col 49}    96{col 58} 470.2117{col 69} 945.1214
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. *
. 
. newey d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if nonsouth==0, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}     1,040
{txt}maximum lag: {res}8{col 49}{txt}F( 95,       944){col 67}= {res}      3.79
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.              {col 18}{c |}{col 30}  Newey-West
{col 1}ihsklarnerranney{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ihsklarnerranney {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0517338{col 30}{space 2} .0143238{col 41}{space 1}   -3.61{col 50}{space 3}0.000{col 58}{space 4} -.079844{col 71}{space 3}-.0236236
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0000137{col 30}{space 2} .0000106{col 41}{space 1}   -1.30{col 50}{space 3}0.195{col 58}{space 4}-.0000344{col 71}{space 3} 7.04e-06
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 13}LD. {c |}{col 18}{res}{space 2}-.0345057{col 30}{space 2} .0513488{col 41}{space 1}   -0.67{col 50}{space 3}0.502{col 58}{space 4}-.1352767{col 71}{space 3} .0662653
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}D1. {c |}{col 18}{res}{space 2}-.0000699{col 30}{space 2} .0000411{col 41}{space 1}   -1.70{col 50}{space 3}0.089{col 58}{space 4}-.0001505{col 71}{space 3} .0000107
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2}-.2466761{col 30}{space 2} .0468629{col 41}{space 1}   -5.26{col 50}{space 3}0.000{col 58}{space 4}-.3386437{col 71}{space 3}-.1547086
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} .0000426{col 30}{space 2} .0000452{col 41}{space 1}    0.94{col 50}{space 3}0.347{col 58}{space 4}-.0000462{col 71}{space 3} .0001314
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L3D. {c |}{col 18}{res}{space 2}-.1071262{col 30}{space 2} .0419403{col 41}{space 1}   -2.55{col 50}{space 3}0.011{col 58}{space 4}-.1894333{col 71}{space 3}-.0248191
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2} .0000118{col 30}{space 2} .0000435{col 41}{space 1}    0.27{col 50}{space 3}0.787{col 58}{space 4}-.0000736{col 71}{space 3} .0000972
{txt}{space 16} {c |}
{space 7}gov_party {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0438312{col 30}{space 2} .0284587{col 41}{space 1}   -1.54{col 50}{space 3}0.124{col 58}{space 4}-.0996808{col 71}{space 3} .0120185
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .0038714{col 30}{space 2} .0266835{col 41}{space 1}    0.15{col 50}{space 3}0.885{col 58}{space 4}-.0484944{col 71}{space 3} .0562372
{txt}{space 16} {c |}
{space 5}dem_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0702241{col 30}{space 2} .0290948{col 41}{space 1}    2.41{col 50}{space 3}0.016{col 58}{space 4} .0131261{col 71}{space 3}  .127322
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0271858{col 30}{space 2} .0307899{col 41}{space 1}   -0.88{col 50}{space 3}0.377{col 58}{space 4}-.0876103{col 71}{space 3} .0332387
{txt}{space 16} {c |}
{space 5}rep_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0276215{col 30}{space 2} .0438491{col 41}{space 1}   -0.63{col 50}{space 3}0.529{col 58}{space 4}-.1136745{col 71}{space 3} .0584315
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0530667{col 30}{space 2} .0448846{col 41}{space 1}   -1.18{col 50}{space 3}0.237{col 58}{space 4}-.1411518{col 71}{space 3} .0350183
{txt}{space 16} {c |}
{space 2}electedjudges1 {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0830469{col 30}{space 2} .0349066{col 41}{space 1}    2.38{col 50}{space 3}0.018{col 58}{space 4} .0145434{col 71}{space 3} .1515504
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .0117829{col 30}{space 2}  .029702{col 41}{space 1}    0.40{col 50}{space 3}0.692{col 58}{space 4}-.0465067{col 71}{space 3} .0700725
{txt}{space 16} {c |}
{space 6}state_fips {c |}
{space 14}5  {c |}{col 18}{res}{space 2} -.017414{col 30}{space 2} .0662724{col 41}{space 1}   -0.26{col 50}{space 3}0.793{col 58}{space 4}-.1474722{col 71}{space 3} .1126441
{txt}{space 13}10  {c |}{col 18}{res}{space 2} .2153072{col 30}{space 2} .0967738{col 41}{space 1}    2.22{col 50}{space 3}0.026{col 58}{space 4} .0253905{col 71}{space 3} .4052238
{txt}{space 13}12  {c |}{col 18}{res}{space 2} .1747362{col 30}{space 2} .0856551{col 41}{space 1}    2.04{col 50}{space 3}0.042{col 58}{space 4} .0066399{col 71}{space 3} .3428326
{txt}{space 13}13  {c |}{col 18}{res}{space 2} .0492408{col 30}{space 2} .0658947{col 41}{space 1}    0.75{col 50}{space 3}0.455{col 58}{space 4}-.0800763{col 71}{space 3} .1785579
{txt}{space 13}21  {c |}{col 18}{res}{space 2} .0393248{col 30}{space 2}  .064332{col 41}{space 1}    0.61{col 50}{space 3}0.541{col 58}{space 4}-.0869255{col 71}{space 3}  .165575
{txt}{space 13}22  {c |}{col 18}{res}{space 2} .0232547{col 30}{space 2} .0640372{col 41}{space 1}    0.36{col 50}{space 3}0.717{col 58}{space 4} -.102417{col 71}{space 3} .1489264
{txt}{space 13}24  {c |}{col 18}{res}{space 2} .1173171{col 30}{space 2} .0924735{col 41}{space 1}    1.27{col 50}{space 3}0.205{col 58}{space 4}-.0641603{col 71}{space 3} .2987946
{txt}{space 13}28  {c |}{col 18}{res}{space 2} .0019027{col 30}{space 2} .0651171{col 41}{space 1}    0.03{col 50}{space 3}0.977{col 58}{space 4}-.1258883{col 71}{space 3} .1296938
{txt}{space 13}37  {c |}{col 18}{res}{space 2}  .042963{col 30}{space 2} .0635824{col 41}{space 1}    0.68{col 50}{space 3}0.499{col 58}{space 4}-.0818161{col 71}{space 3} .1677421
{txt}{space 13}40  {c |}{col 18}{res}{space 2} .0776047{col 30}{space 2} .0647132{col 41}{space 1}    1.20{col 50}{space 3}0.231{col 58}{space 4}-.0493936{col 71}{space 3} .2046031
{txt}{space 13}45  {c |}{col 18}{res}{space 2} .1322664{col 30}{space 2} .0813219{col 41}{space 1}    1.63{col 50}{space 3}0.104{col 58}{space 4}-.0273262{col 71}{space 3} .2918589
{txt}{space 13}47  {c |}{col 18}{res}{space 2} .0838958{col 30}{space 2} .0671797{col 41}{space 1}    1.25{col 50}{space 3}0.212{col 58}{space 4}-.0479431{col 71}{space 3} .2157347
{txt}{space 13}48  {c |}{col 18}{res}{space 2} .0664757{col 30}{space 2} .0701836{col 41}{space 1}    0.95{col 50}{space 3}0.344{col 58}{space 4}-.0712583{col 71}{space 3} .2042097
{txt}{space 13}51  {c |}{col 18}{res}{space 2} .1752917{col 30}{space 2} .0817032{col 41}{space 1}    2.15{col 50}{space 3}0.032{col 58}{space 4} .0149508{col 71}{space 3} .3356326
{txt}{space 13}54  {c |}{col 18}{res}{space 2} .0086674{col 30}{space 2}  .063753{col 41}{space 1}    0.14{col 50}{space 3}0.892{col 58}{space 4}-.1164467{col 71}{space 3} .1337814
{txt}{space 16} {c |}
{space 12}year {c |}
{space 11}1947  {c |}{col 18}{res}{space 2}-.0079959{col 30}{space 2} .0722264{col 41}{space 1}   -0.11{col 50}{space 3}0.912{col 58}{space 4}-.1497387{col 71}{space 3} .1337469
{txt}{space 11}1948  {c |}{col 18}{res}{space 2}-.0016909{col 30}{space 2}  .059641{col 41}{space 1}   -0.03{col 50}{space 3}0.977{col 58}{space 4}-.1187351{col 71}{space 3} .1153533
{txt}{space 11}1949  {c |}{col 18}{res}{space 2}-.1529235{col 30}{space 2} .0983958{col 41}{space 1}   -1.55{col 50}{space 3}0.120{col 58}{space 4}-.3460234{col 71}{space 3} .0401764
{txt}{space 11}1950  {c |}{col 18}{res}{space 2}-.0469098{col 30}{space 2} .0600833{col 41}{space 1}   -0.78{col 50}{space 3}0.435{col 58}{space 4} -.164822{col 71}{space 3} .0710024
{txt}{space 11}1951  {c |}{col 18}{res}{space 2} .0488065{col 30}{space 2}  .146922{col 41}{space 1}    0.33{col 50}{space 3}0.740{col 58}{space 4}-.2395251{col 71}{space 3} .3371381
{txt}{space 11}1952  {c |}{col 18}{res}{space 2}-.0096967{col 30}{space 2} .0527127{col 41}{space 1}   -0.18{col 50}{space 3}0.854{col 58}{space 4}-.1131444{col 71}{space 3}  .093751
{txt}{space 11}1953  {c |}{col 18}{res}{space 2} .1681128{col 30}{space 2} .1168973{col 41}{space 1}    1.44{col 50}{space 3}0.151{col 58}{space 4}-.0612959{col 71}{space 3} .3975215
{txt}{space 11}1954  {c |}{col 18}{res}{space 2}-.0008332{col 30}{space 2} .0516774{col 41}{space 1}   -0.02{col 50}{space 3}0.987{col 58}{space 4}-.1022491{col 71}{space 3} .1005827
{txt}{space 11}1955  {c |}{col 18}{res}{space 2}-.0198119{col 30}{space 2} .1106143{col 41}{space 1}   -0.18{col 50}{space 3}0.858{col 58}{space 4}-.2368903{col 71}{space 3} .1972665
{txt}{space 11}1956  {c |}{col 18}{res}{space 2} .0068702{col 30}{space 2} .0643197{col 41}{space 1}    0.11{col 50}{space 3}0.915{col 58}{space 4}-.1193558{col 71}{space 3} .1330963
{txt}{space 11}1957  {c |}{col 18}{res}{space 2} .0012153{col 30}{space 2} .0709448{col 41}{space 1}    0.02{col 50}{space 3}0.986{col 58}{space 4}-.1380125{col 71}{space 3}  .140443
{txt}{space 11}1958  {c |}{col 18}{res}{space 2}-.0009743{col 30}{space 2} .0570821{col 41}{space 1}   -0.02{col 50}{space 3}0.986{col 58}{space 4}-.1129967{col 71}{space 3} .1110482
{txt}{space 11}1959  {c |}{col 18}{res}{space 2}-.3334274{col 30}{space 2} .1506845{col 41}{space 1}   -2.21{col 50}{space 3}0.027{col 58}{space 4}-.6291429{col 71}{space 3} -.037712
{txt}{space 11}1960  {c |}{col 18}{res}{space 2}-.0429383{col 30}{space 2} .0659389{col 41}{space 1}   -0.65{col 50}{space 3}0.515{col 58}{space 4}-.1723421{col 71}{space 3} .0864654
{txt}{space 11}1961  {c |}{col 18}{res}{space 2} .0827623{col 30}{space 2} .0944754{col 41}{space 1}    0.88{col 50}{space 3}0.381{col 58}{space 4}-.1026439{col 71}{space 3} .2681684
{txt}{space 11}1962  {c |}{col 18}{res}{space 2} .0319004{col 30}{space 2} .0923057{col 41}{space 1}    0.35{col 50}{space 3}0.730{col 58}{space 4}-.1492477{col 71}{space 3} .2130486
{txt}{space 11}1963  {c |}{col 18}{res}{space 2} .3928469{col 30}{space 2} .1260989{col 41}{space 1}    3.12{col 50}{space 3}0.002{col 58}{space 4} .1453802{col 71}{space 3} .6403136
{txt}{space 11}1964  {c |}{col 18}{res}{space 2} .3159825{col 30}{space 2} .1082814{col 41}{space 1}    2.92{col 50}{space 3}0.004{col 58}{space 4} .1034824{col 71}{space 3} .5284825
{txt}{space 11}1965  {c |}{col 18}{res}{space 2}  .007691{col 30}{space 2} .1807915{col 41}{space 1}    0.04{col 50}{space 3}0.966{col 58}{space 4}-.3471086{col 71}{space 3} .3624907
{txt}{space 11}1966  {c |}{col 18}{res}{space 2} .3717759{col 30}{space 2} .1400698{col 41}{space 1}    2.65{col 50}{space 3}0.008{col 58}{space 4} .0968918{col 71}{space 3}   .64666
{txt}{space 11}1967  {c |}{col 18}{res}{space 2} .7000196{col 30}{space 2} .2088177{col 41}{space 1}    3.35{col 50}{space 3}0.001{col 58}{space 4}  .290219{col 71}{space 3}  1.10982
{txt}{space 11}1968  {c |}{col 18}{res}{space 2} .0512106{col 30}{space 2} .1812667{col 41}{space 1}    0.28{col 50}{space 3}0.778{col 58}{space 4}-.3045217{col 71}{space 3}  .406943
{txt}{space 11}1969  {c |}{col 18}{res}{space 2} .2961466{col 30}{space 2} .1146665{col 41}{space 1}    2.58{col 50}{space 3}0.010{col 58}{space 4} .0711159{col 71}{space 3} .5211773
{txt}{space 11}1970  {c |}{col 18}{res}{space 2} .3864087{col 30}{space 2} .1232542{col 41}{space 1}    3.14{col 50}{space 3}0.002{col 58}{space 4} .1445247{col 71}{space 3} .6282926
{txt}{space 11}1971  {c |}{col 18}{res}{space 2}  .077174{col 30}{space 2} .0841437{col 41}{space 1}    0.92{col 50}{space 3}0.359{col 58}{space 4}-.0879564{col 71}{space 3} .2423045
{txt}{space 11}1972  {c |}{col 18}{res}{space 2} .2193042{col 30}{space 2} .1156752{col 41}{space 1}    1.90{col 50}{space 3}0.058{col 58}{space 4} -.007706{col 71}{space 3} .4463144
{txt}{space 11}1973  {c |}{col 18}{res}{space 2} .3165594{col 30}{space 2} .0991101{col 41}{space 1}    3.19{col 50}{space 3}0.001{col 58}{space 4} .1220578{col 71}{space 3} .5110609
{txt}{space 11}1974  {c |}{col 18}{res}{space 2} .0911533{col 30}{space 2} .0873702{col 41}{space 1}    1.04{col 50}{space 3}0.297{col 58}{space 4}-.0803091{col 71}{space 3} .2626157
{txt}{space 11}1975  {c |}{col 18}{res}{space 2}-.1334492{col 30}{space 2} .1558734{col 41}{space 1}   -0.86{col 50}{space 3}0.392{col 58}{space 4}-.4393477{col 71}{space 3} .1724493
{txt}{space 11}1976  {c |}{col 18}{res}{space 2} .1344906{col 30}{space 2} .1046979{col 41}{space 1}    1.28{col 50}{space 3}0.199{col 58}{space 4} -.070977{col 71}{space 3} .3399582
{txt}{space 11}1977  {c |}{col 18}{res}{space 2} .2130842{col 30}{space 2} .1885739{col 41}{space 1}    1.13{col 50}{space 3}0.259{col 58}{space 4}-.1569884{col 71}{space 3} .5831567
{txt}{space 11}1978  {c |}{col 18}{res}{space 2} .1154782{col 30}{space 2} .0967405{col 41}{space 1}    1.19{col 50}{space 3}0.233{col 58}{space 4}-.0743732{col 71}{space 3} .3053296
{txt}{space 11}1979  {c |}{col 18}{res}{space 2} .2909583{col 30}{space 2} .1144832{col 41}{space 1}    2.54{col 50}{space 3}0.011{col 58}{space 4} .0662873{col 71}{space 3} .5156294
{txt}{space 11}1980  {c |}{col 18}{res}{space 2} .2004794{col 30}{space 2} .0906908{col 41}{space 1}    2.21{col 50}{space 3}0.027{col 58}{space 4} .0225006{col 71}{space 3} .3784582
{txt}{space 11}1981  {c |}{col 18}{res}{space 2}  .355197{col 30}{space 2} .1130051{col 41}{space 1}    3.14{col 50}{space 3}0.002{col 58}{space 4} .1334268{col 71}{space 3} .5769672
{txt}{space 11}1982  {c |}{col 18}{res}{space 2} .2079331{col 30}{space 2} .1028482{col 41}{space 1}    2.02{col 50}{space 3}0.043{col 58}{space 4} .0060956{col 71}{space 3} .4097705
{txt}{space 11}1983  {c |}{col 18}{res}{space 2} .2307426{col 30}{space 2} .1489858{col 41}{space 1}    1.55{col 50}{space 3}0.122{col 58}{space 4} -.061639{col 71}{space 3} .5231243
{txt}{space 11}1984  {c |}{col 18}{res}{space 2} .2323587{col 30}{space 2} .1136613{col 41}{space 1}    2.04{col 50}{space 3}0.041{col 58}{space 4} .0093007{col 71}{space 3} .4554167
{txt}{space 11}1985  {c |}{col 18}{res}{space 2} .4324052{col 30}{space 2}  .135724{col 41}{space 1}    3.19{col 50}{space 3}0.001{col 58}{space 4} .1660495{col 71}{space 3}  .698761
{txt}{space 11}1986  {c |}{col 18}{res}{space 2} .1873864{col 30}{space 2} .1038798{col 41}{space 1}    1.80{col 50}{space 3}0.072{col 58}{space 4}-.0164757{col 71}{space 3} .3912485
{txt}{space 11}1987  {c |}{col 18}{res}{space 2} .3603851{col 30}{space 2} .1237221{col 41}{space 1}    2.91{col 50}{space 3}0.004{col 58}{space 4}  .117583{col 71}{space 3} .6031872
{txt}{space 11}1988  {c |}{col 18}{res}{space 2}  .261998{col 30}{space 2} .1140596{col 41}{space 1}    2.30{col 50}{space 3}0.022{col 58}{space 4} .0381583{col 71}{space 3} .4858377
{txt}{space 11}1989  {c |}{col 18}{res}{space 2} .3073612{col 30}{space 2} .1252956{col 41}{space 1}    2.45{col 50}{space 3}0.014{col 58}{space 4} .0614709{col 71}{space 3} .5532514
{txt}{space 11}1990  {c |}{col 18}{res}{space 2} .2470782{col 30}{space 2} .1155406{col 41}{space 1}    2.14{col 50}{space 3}0.033{col 58}{space 4}  .020332{col 71}{space 3} .4738244
{txt}{space 11}1991  {c |}{col 18}{res}{space 2} .2668796{col 30}{space 2}  .120573{col 41}{space 1}    2.21{col 50}{space 3}0.027{col 58}{space 4} .0302575{col 71}{space 3} .5035017
{txt}{space 11}1992  {c |}{col 18}{res}{space 2} .2949421{col 30}{space 2} .1298247{col 41}{space 1}    2.27{col 50}{space 3}0.023{col 58}{space 4} .0401637{col 71}{space 3} .5497204
{txt}{space 11}1993  {c |}{col 18}{res}{space 2} .2946323{col 30}{space 2} .1296634{col 41}{space 1}    2.27{col 50}{space 3}0.023{col 58}{space 4} .0401705{col 71}{space 3} .5490941
{txt}{space 11}1994  {c |}{col 18}{res}{space 2} .2848817{col 30}{space 2} .1239187{col 41}{space 1}    2.30{col 50}{space 3}0.022{col 58}{space 4} .0416938{col 71}{space 3} .5280697
{txt}{space 11}1995  {c |}{col 18}{res}{space 2}  .497628{col 30}{space 2} .1305382{col 41}{space 1}    3.81{col 50}{space 3}0.000{col 58}{space 4} .2414495{col 71}{space 3} .7538066
{txt}{space 11}1996  {c |}{col 18}{res}{space 2} .3467085{col 30}{space 2} .1318389{col 41}{space 1}    2.63{col 50}{space 3}0.009{col 58}{space 4} .0879774{col 71}{space 3} .6054397
{txt}{space 11}1997  {c |}{col 18}{res}{space 2} .3654232{col 30}{space 2} .1333688{col 41}{space 1}    2.74{col 50}{space 3}0.006{col 58}{space 4} .1036896{col 71}{space 3} .6271568
{txt}{space 11}1998  {c |}{col 18}{res}{space 2} .3522484{col 30}{space 2} .1378419{col 41}{space 1}    2.56{col 50}{space 3}0.011{col 58}{space 4} .0817363{col 71}{space 3} .6227605
{txt}{space 11}1999  {c |}{col 18}{res}{space 2} .2686253{col 30}{space 2} .1408015{col 41}{space 1}    1.91{col 50}{space 3}0.057{col 58}{space 4}-.0076948{col 71}{space 3} .5449454
{txt}{space 11}2000  {c |}{col 18}{res}{space 2} .3208211{col 30}{space 2} .1388559{col 41}{space 1}    2.31{col 50}{space 3}0.021{col 58}{space 4} .0483191{col 71}{space 3} .5933231
{txt}{space 11}2001  {c |}{col 18}{res}{space 2} .3259403{col 30}{space 2} .1480476{col 41}{space 1}    2.20{col 50}{space 3}0.028{col 58}{space 4}    .0354{col 71}{space 3} .6164807
{txt}{space 11}2002  {c |}{col 18}{res}{space 2} .2842099{col 30}{space 2}  .140673{col 41}{space 1}    2.02{col 50}{space 3}0.044{col 58}{space 4}  .008142{col 71}{space 3} .5602779
{txt}{space 11}2003  {c |}{col 18}{res}{space 2} .3559715{col 30}{space 2} .1501845{col 41}{space 1}    2.37{col 50}{space 3}0.018{col 58}{space 4} .0612373{col 71}{space 3} .6507057
{txt}{space 11}2004  {c |}{col 18}{res}{space 2} .3557777{col 30}{space 2}  .155389{col 41}{space 1}    2.29{col 50}{space 3}0.022{col 58}{space 4} .0508299{col 71}{space 3} .6607256
{txt}{space 11}2005  {c |}{col 18}{res}{space 2} .3485777{col 30}{space 2} .1539469{col 41}{space 1}    2.26{col 50}{space 3}0.024{col 58}{space 4} .0464599{col 71}{space 3} .6506954
{txt}{space 11}2006  {c |}{col 18}{res}{space 2} .3586791{col 30}{space 2} .1537948{col 41}{space 1}    2.33{col 50}{space 3}0.020{col 58}{space 4}   .05686{col 71}{space 3} .6604983
{txt}{space 11}2007  {c |}{col 18}{res}{space 2} .3319359{col 30}{space 2} .1580801{col 41}{space 1}    2.10{col 50}{space 3}0.036{col 58}{space 4} .0217069{col 71}{space 3} .6421649
{txt}{space 11}2008  {c |}{col 18}{res}{space 2} .3416614{col 30}{space 2} .1536383{col 41}{space 1}    2.22{col 50}{space 3}0.026{col 58}{space 4} .0401493{col 71}{space 3} .6431735
{txt}{space 11}2009  {c |}{col 18}{res}{space 2} .2670878{col 30}{space 2} .1560613{col 41}{space 1}    1.71{col 50}{space 3}0.087{col 58}{space 4}-.0391795{col 71}{space 3} .5733551
{txt}{space 11}2010  {c |}{col 18}{res}{space 2} .3524429{col 30}{space 2} .1742912{col 41}{space 1}    2.02{col 50}{space 3}0.043{col 58}{space 4}    .0104{col 71}{space 3} .6944859
{txt}{space 16} {c |}
{space 11}_cons {c |}{col 18}{res}{space 2}  .044388{col 30}{space 2} .0911007{col 41}{space 1}    0.49{col 50}{space 3}0.626{col 58}{space 4}-.1343953{col 71}{space 3} .2231713
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict ihsklarnerranneyhatallfull if nonsouth==0
{txt}(option xb assumed; fitted values)
(2,299 missing values generated)

{com}. 
. 
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.ihsklarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney = 0{p_end}

{txt}       F(  1,   944) ={res}   13.04
{txt}{col 13}Prob > F ={res}    0.0003
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY) *
. 
. test l.ihsklarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.ihsklarnerranney = 0{p_end}

{txt}       F(  2,   944) ={res}    6.67
{txt}{col 13}Prob > F ={res}    0.0013
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-.0000155{col 26}{space 2} .0000669{col 37}{space 1}   -0.23{col 46}{space 3}0.817{col 54}{space 4}-.0001469{col 67}{space 3} .0001159
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-.0002643{col 26}{space 2} .0002017{col 37}{space 1}   -1.31{col 46}{space 3}0.190{col 54}{space 4}-.0006596{col 67}{space 3}  .000131
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. 
. 
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. // (4,3)  MODEL
. 
. 
. 
. 
. *** II.B: SOUTHERN STATES (N = 14): PRE-PARTISAN ALIGNMENT TIME PERIOD (1942 - 1980)***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year <=1980 & nonsouth==0
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       560{col 27}-3931.143{col 38}-3501.814{col 49}    72{col 58} 7147.629{col 69}  7459.24
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year <=1980 & nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       560
{txt}maximum lag: {res}6{col 49}{txt}F( 71,       488){col 67}= {res}     45.76
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.1182686{col 34}{space 2} .0409951{col 45}{space 1}   -2.88{col 54}{space 3}0.004{col 62}{space 4}-.1988173{col 75}{space 3}-.0377199
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 1.633329{col 34}{space 2} .9142516{col 45}{space 1}    1.79{col 54}{space 3}0.075{col 62}{space 4}-.1630262{col 75}{space 3} 3.429685
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .1854585{col 34}{space 2} .0794533{col 45}{space 1}    2.33{col 54}{space 3}0.020{col 62}{space 4} .0293457{col 75}{space 3} .3415713
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-1.004435{col 34}{space 2} 1.532411{col 45}{space 1}   -0.66{col 54}{space 3}0.512{col 62}{space 4}-4.015373{col 75}{space 3} 2.006503
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-.1466083{col 34}{space 2} .0459943{col 45}{space 1}   -3.19{col 54}{space 3}0.002{col 62}{space 4}-.2369796{col 75}{space 3}-.0562371
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .0808719{col 34}{space 2} .9528006{col 45}{space 1}    0.08{col 54}{space 3}0.932{col 62}{space 4}-1.791226{col 75}{space 3}  1.95297
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2} -.003784{col 34}{space 2} .0560442{col 45}{space 1}   -0.07{col 54}{space 3}0.946{col 62}{space 4}-.1139018{col 75}{space 3} .1063337
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-1.009132{col 34}{space 2}  1.28986{col 45}{space 1}   -0.78{col 54}{space 3}0.434{col 62}{space 4}-3.543497{col 75}{space 3} 1.525232
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-92.93395{col 34}{space 2} 254.6219{col 45}{space 1}   -0.36{col 54}{space 3}0.715{col 62}{space 4}-593.2244{col 75}{space 3} 407.3565
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-35.27585{col 34}{space 2}  268.484{col 45}{space 1}   -0.13{col 54}{space 3}0.896{col 62}{space 4}-562.8032{col 75}{space 3} 492.2515
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 2.551471{col 34}{space 2} 41.53324{col 45}{space 1}    0.06{col 54}{space 3}0.951{col 62}{space 4}-79.05458{col 75}{space 3} 84.15752
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 33.37463{col 34}{space 2} 67.21989{col 45}{space 1}    0.50{col 54}{space 3}0.620{col 62}{space 4}-98.70151{col 75}{space 3} 165.4508
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-254.2442{col 34}{space 2}  271.352{col 45}{space 1}   -0.94{col 54}{space 3}0.349{col 62}{space 4}-787.4065{col 75}{space 3} 278.9182
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}  228.299{col 34}{space 2} 549.9889{col 45}{space 1}    0.42{col 54}{space 3}0.678{col 62}{space 4}-852.3395{col 75}{space 3} 1308.937
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-364.0112{col 34}{space 2} 439.2558{col 45}{space 1}   -0.83{col 54}{space 3}0.408{col 62}{space 4}-1227.077{col 75}{space 3} 499.0549
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 2796.141{col 34}{space 2} 789.6153{col 45}{space 1}    3.54{col 54}{space 3}0.000{col 62}{space 4} 1244.676{col 75}{space 3} 4347.606
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-19.27289{col 34}{space 2} 69.37763{col 45}{space 1}   -0.28{col 54}{space 3}0.781{col 62}{space 4}-155.5886{col 75}{space 3} 117.0429
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-41.71023{col 34}{space 2} 64.45973{col 45}{space 1}   -0.65{col 54}{space 3}0.518{col 62}{space 4}-168.3631{col 75}{space 3} 84.94265
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 35.97331{col 34}{space 2}  67.8277{col 45}{space 1}    0.53{col 54}{space 3}0.596{col 62}{space 4}-97.29707{col 75}{space 3} 169.2437
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}  27.5507{col 34}{space 2}   60.767{col 45}{space 1}    0.45{col 54}{space 3}0.650{col 62}{space 4}-91.84654{col 75}{space 3}  146.948
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 112.6035{col 34}{space 2} 116.9841{col 45}{space 1}    0.96{col 54}{space 3}0.336{col 62}{space 4}-117.2512{col 75}{space 3} 342.4581
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-361.6415{col 34}{space 2}  167.726{col 45}{space 1}   -2.16{col 54}{space 3}0.032{col 62}{space 4}-691.1958{col 75}{space 3}-32.08726
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}5  {c |}{col 22}{res}{space 2}-57.04072{col 34}{space 2} 50.33812{col 45}{space 1}   -1.13{col 54}{space 3}0.258{col 62}{space 4}-155.9469{col 75}{space 3} 41.86549
{txt}{space 17}10  {c |}{col 22}{res}{space 2} 345.2414{col 34}{space 2} 191.3366{col 45}{space 1}    1.80{col 54}{space 3}0.072{col 62}{space 4}-30.70379{col 75}{space 3} 721.1866
{txt}{space 17}12  {c |}{col 22}{res}{space 2} 204.6193{col 34}{space 2} 77.52675{col 45}{space 1}    2.64{col 54}{space 3}0.009{col 62}{space 4} 52.29186{col 75}{space 3} 356.9467
{txt}{space 17}13  {c |}{col 22}{res}{space 2} 86.19172{col 34}{space 2} 34.60127{col 45}{space 1}    2.49{col 54}{space 3}0.013{col 62}{space 4} 18.20587{col 75}{space 3} 154.1776
{txt}{space 17}21  {c |}{col 22}{res}{space 2}-27.78141{col 34}{space 2} 82.32418{col 45}{space 1}   -0.34{col 54}{space 3}0.736{col 62}{space 4} -189.535{col 75}{space 3} 133.9722
{txt}{space 17}22  {c |}{col 22}{res}{space 2} 99.75827{col 34}{space 2} 57.48334{col 45}{space 1}    1.74{col 54}{space 3}0.083{col 62}{space 4}-13.18713{col 75}{space 3} 212.7037
{txt}{space 17}24  {c |}{col 22}{res}{space 2} 375.9307{col 34}{space 2} 140.6096{col 45}{space 1}    2.67{col 54}{space 3}0.008{col 62}{space 4} 99.65587{col 75}{space 3} 652.2056
{txt}{space 17}28  {c |}{col 22}{res}{space 2}-137.1698{col 34}{space 2} 59.08834{col 45}{space 1}   -2.32{col 54}{space 3}0.021{col 62}{space 4}-253.2688{col 75}{space 3}-21.07086
{txt}{space 17}37  {c |}{col 22}{res}{space 2} 10.68952{col 34}{space 2} 29.91375{col 45}{space 1}    0.36{col 54}{space 3}0.721{col 62}{space 4}-48.08612{col 75}{space 3} 69.46516
{txt}{space 17}40  {c |}{col 22}{res}{space 2} 146.5559{col 34}{space 2} 73.08074{col 45}{space 1}    2.01{col 54}{space 3}0.045{col 62}{space 4} 2.964191{col 75}{space 3} 290.1477
{txt}{space 17}45  {c |}{col 22}{res}{space 2}-19.20024{col 34}{space 2} 26.72872{col 45}{space 1}   -0.72{col 54}{space 3}0.473{col 62}{space 4}-71.71781{col 75}{space 3} 33.31733
{txt}{space 17}47  {c |}{col 22}{res}{space 2}-15.96227{col 34}{space 2} 53.73695{col 45}{space 1}   -0.30{col 54}{space 3}0.767{col 62}{space 4}-121.5466{col 75}{space 3} 89.62208
{txt}{space 17}48  {c |}{col 22}{res}{space 2} 230.6154{col 34}{space 2} 73.19385{col 45}{space 1}    3.15{col 54}{space 3}0.002{col 62}{space 4} 86.80144{col 75}{space 3} 374.4294
{txt}{space 17}51  {c |}{col 22}{res}{space 2} 216.4862{col 34}{space 2} 80.00097{col 45}{space 1}    2.71{col 54}{space 3}0.007{col 62}{space 4} 59.29738{col 75}{space 3} 373.6751
{txt}{space 17}54  {c |}{col 22}{res}{space 2}-20.49404{col 34}{space 2} 76.57257{col 45}{space 1}   -0.27{col 54}{space 3}0.789{col 62}{space 4}-170.9467{col 75}{space 3} 129.9586
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1947  {c |}{col 22}{res}{space 2} 48.91313{col 34}{space 2} 85.86221{col 45}{space 1}    0.57{col 54}{space 3}0.569{col 62}{space 4}-119.7921{col 75}{space 3} 217.6184
{txt}{space 15}1948  {c |}{col 22}{res}{space 2} 376.6853{col 34}{space 2} 110.2613{col 45}{space 1}    3.42{col 54}{space 3}0.001{col 62}{space 4} 160.0399{col 75}{space 3} 593.3307
{txt}{space 15}1949  {c |}{col 22}{res}{space 2}  218.091{col 34}{space 2} 111.8284{col 45}{space 1}    1.95{col 54}{space 3}0.052{col 62}{space 4}-1.633509{col 75}{space 3} 437.8155
{txt}{space 15}1950  {c |}{col 22}{res}{space 2} 529.2327{col 34}{space 2} 100.8416{col 45}{space 1}    5.25{col 54}{space 3}0.000{col 62}{space 4} 331.0953{col 75}{space 3} 727.3701
{txt}{space 15}1951  {c |}{col 22}{res}{space 2} 411.1557{col 34}{space 2} 66.26154{col 45}{space 1}    6.21{col 54}{space 3}0.000{col 62}{space 4} 280.9625{col 75}{space 3} 541.3488
{txt}{space 15}1952  {c |}{col 22}{res}{space 2}  583.879{col 34}{space 2} 68.58317{col 45}{space 1}    8.51{col 54}{space 3}0.000{col 62}{space 4} 449.1242{col 75}{space 3} 718.6337
{txt}{space 15}1953  {c |}{col 22}{res}{space 2} 522.1648{col 34}{space 2} 66.41761{col 45}{space 1}    7.86{col 54}{space 3}0.000{col 62}{space 4}  391.665{col 75}{space 3} 652.6646
{txt}{space 15}1954  {c |}{col 22}{res}{space 2} 321.8861{col 34}{space 2} 73.96353{col 45}{space 1}    4.35{col 54}{space 3}0.000{col 62}{space 4} 176.5598{col 75}{space 3} 467.2124
{txt}{space 15}1955  {c |}{col 22}{res}{space 2} 776.1986{col 34}{space 2} 77.34189{col 45}{space 1}   10.04{col 54}{space 3}0.000{col 62}{space 4} 624.2344{col 75}{space 3} 928.1628
{txt}{space 15}1956  {c |}{col 22}{res}{space 2}  643.422{col 34}{space 2} 83.01159{col 45}{space 1}    7.75{col 54}{space 3}0.000{col 62}{space 4} 480.3177{col 75}{space 3} 806.5262
{txt}{space 15}1957  {c |}{col 22}{res}{space 2} 422.5276{col 34}{space 2} 96.54336{col 45}{space 1}    4.38{col 54}{space 3}0.000{col 62}{space 4} 232.8356{col 75}{space 3} 612.2196
{txt}{space 15}1958  {c |}{col 22}{res}{space 2} 510.3138{col 34}{space 2} 89.74076{col 45}{space 1}    5.69{col 54}{space 3}0.000{col 62}{space 4} 333.9878{col 75}{space 3} 686.6398
{txt}{space 15}1959  {c |}{col 22}{res}{space 2} 704.3673{col 34}{space 2} 95.68372{col 45}{space 1}    7.36{col 54}{space 3}0.000{col 62}{space 4} 516.3644{col 75}{space 3} 892.3703
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 503.3843{col 34}{space 2} 105.1151{col 45}{space 1}    4.79{col 54}{space 3}0.000{col 62}{space 4} 296.8503{col 75}{space 3} 709.9182
{txt}{space 15}1961  {c |}{col 22}{res}{space 2} 673.0607{col 34}{space 2} 106.1599{col 45}{space 1}    6.34{col 54}{space 3}0.000{col 62}{space 4} 464.4737{col 75}{space 3} 881.6476
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 729.0111{col 34}{space 2} 101.8285{col 45}{space 1}    7.16{col 54}{space 3}0.000{col 62}{space 4} 528.9347{col 75}{space 3} 929.0875
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 748.3597{col 34}{space 2} 110.6629{col 45}{space 1}    6.76{col 54}{space 3}0.000{col 62}{space 4} 530.9252{col 75}{space 3} 965.7943
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 896.3923{col 34}{space 2} 111.8186{col 45}{space 1}    8.02{col 54}{space 3}0.000{col 62}{space 4}  676.687{col 75}{space 3} 1116.098
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 969.2009{col 34}{space 2} 120.9783{col 45}{space 1}    8.01{col 54}{space 3}0.000{col 62}{space 4} 731.4982{col 75}{space 3} 1206.904
{txt}{space 15}1966  {c |}{col 22}{res}{space 2} 991.5426{col 34}{space 2} 134.0596{col 45}{space 1}    7.40{col 54}{space 3}0.000{col 62}{space 4} 728.1373{col 75}{space 3} 1254.948
{txt}{space 15}1967  {c |}{col 22}{res}{space 2} 1039.806{col 34}{space 2} 139.5953{col 45}{space 1}    7.45{col 54}{space 3}0.000{col 62}{space 4} 765.5236{col 75}{space 3} 1314.088
{txt}{space 15}1968  {c |}{col 22}{res}{space 2} 1089.554{col 34}{space 2} 151.2086{col 45}{space 1}    7.21{col 54}{space 3}0.000{col 62}{space 4}  792.454{col 75}{space 3} 1386.654
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 1093.049{col 34}{space 2} 176.8118{col 45}{space 1}    6.18{col 54}{space 3}0.000{col 62}{space 4} 745.6431{col 75}{space 3} 1440.456
{txt}{space 15}1970  {c |}{col 22}{res}{space 2} 990.0128{col 34}{space 2} 182.3723{col 45}{space 1}    5.43{col 54}{space 3}0.000{col 62}{space 4}  631.681{col 75}{space 3} 1348.345
{txt}{space 15}1971  {c |}{col 22}{res}{space 2} 1100.653{col 34}{space 2}  184.072{col 45}{space 1}    5.98{col 54}{space 3}0.000{col 62}{space 4} 738.9818{col 75}{space 3} 1462.325
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 1378.019{col 34}{space 2}  200.865{col 45}{space 1}    6.86{col 54}{space 3}0.000{col 62}{space 4} 983.3518{col 75}{space 3} 1772.686
{txt}{space 15}1973  {c |}{col 22}{res}{space 2} 1362.072{col 34}{space 2}  218.019{col 45}{space 1}    6.25{col 54}{space 3}0.000{col 62}{space 4} 933.6999{col 75}{space 3} 1790.444
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 856.6527{col 34}{space 2} 231.7512{col 45}{space 1}    3.70{col 54}{space 3}0.000{col 62}{space 4} 401.2992{col 75}{space 3} 1312.006
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 941.2549{col 34}{space 2} 228.9071{col 45}{space 1}    4.11{col 54}{space 3}0.000{col 62}{space 4} 491.4899{col 75}{space 3}  1391.02
{txt}{space 15}1976  {c |}{col 22}{res}{space 2} 1371.245{col 34}{space 2} 234.6207{col 45}{space 1}    5.84{col 54}{space 3}0.000{col 62}{space 4}  910.254{col 75}{space 3} 1832.237
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 1178.609{col 34}{space 2} 269.4764{col 45}{space 1}    4.37{col 54}{space 3}0.000{col 62}{space 4} 649.1316{col 75}{space 3} 1708.086
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 1445.849{col 34}{space 2} 276.6415{col 45}{space 1}    5.23{col 54}{space 3}0.000{col 62}{space 4} 902.2939{col 75}{space 3} 1989.405
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 1054.204{col 34}{space 2}  272.362{col 45}{space 1}    3.87{col 54}{space 3}0.000{col 62}{space 4} 519.0572{col 75}{space 3} 1589.351
{txt}{space 15}1980  {c |}{col 22}{res}{space 2} 893.4562{col 34}{space 2} 271.2635{col 45}{space 1}    3.29{col 54}{space 3}0.001{col 62}{space 4} 360.4676{col 75}{space 3} 1426.445
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2} 447.9038{col 34}{space 2} 446.9215{col 45}{space 1}    1.00{col 54}{space 3}0.317{col 62}{space 4}-430.2242{col 75}{space 3} 1326.032
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpre if year<=1980 & nonsouth==0
{txt}(option xb assumed; fitted values)
(2,779 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   488) ={res}    8.32
{txt}{col 13}Prob > F ={res}    0.0041
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENIETY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   488) ={res}    4.42
{txt}{col 13}Prob > F ={res}    0.0125
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-1.932696{col 26}{space 2} 2.322879{col 37}{space 1}   -0.83{col 46}{space 3}0.406{col 54}{space 4}-6.496775{col 67}{space 3} 2.631384
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 13.81034{col 26}{space 2} 7.332329{col 37}{space 1}    1.88{col 46}{space 3}0.060{col 54}{space 4}-.5607658{col 67}{space 3} 28.18144
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum klarnerranney  if real_pc_inc_annhatallpre!=. & year<=1980 & nonsouth==0, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res}        0              0
{txt} 5%    {res}        0              0
{txt}10%    {res}        0              0       {txt}Obs         {res}        560
{txt}25%    {res} 2.928571              0       {txt}Sum of Wgt. {res}        560

{txt}50%    {res} 17.33614                      {txt}Mean          {res} 26.75844
                        {txt}Largest       Std. Dev.     {res} 26.57499
{txt}75%    {res} 45.36842       96.39954
{txt}90%    {res} 68.62745       96.39954       {txt}Variance      {res} 706.2302
{txt}95%    {res} 76.74731       98.65546       {txt}Skewness      {res} .7917866
{txt}99%    {res} 95.63025       98.65546       {txt}Kurtosis      {res} 2.493342
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF  klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])* 39.39394  -  (_b[l.klarnerranney]  / - _b[l.real_pc_inc_ann])* 1.923077

       {txt}_nl_1:  {res}(_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])* 39.39394 - (_b[l.klarnerranney]  / - _b[l.real_pc_inc_ann])* 1.923077

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 517.4852{col 26}{space 2} 274.7487{col 37}{space 1}    1.88{col 46}{space 3}0.060{col 54}{space 4}-21.01238{col 67}{space 3} 1055.983
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. qui regress d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year <=1980 & nonsouth==0
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       560{col 27}-310.9345{col 38} -207.313{col 49}    66{col 58}  546.626{col 69} 832.2698
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. *
. 
. newey d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year <=1980 & nonsouth==0, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       560
{txt}maximum lag: {res}6{col 49}{txt}F( 65,       494){col 67}= {res}      4.20
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.              {col 18}{c |}{col 30}  Newey-West
{col 1}ihsklarnerranney{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ihsklarnerranney {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0907077{col 30}{space 2} .0277983{col 41}{space 1}   -3.26{col 50}{space 3}0.001{col 58}{space 4}-.1453252{col 71}{space 3}-.0360902
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0001241{col 30}{space 2} .0000641{col 41}{space 1}   -1.94{col 50}{space 3}0.053{col 58}{space 4}  -.00025{col 71}{space 3} 1.86e-06
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 13}LD. {c |}{col 18}{res}{space 2}-.0146811{col 30}{space 2} .0621592{col 41}{space 1}   -0.24{col 50}{space 3}0.813{col 58}{space 4}-.1368101{col 71}{space 3} .1074479
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}D1. {c |}{col 18}{res}{space 2}-.0001771{col 30}{space 2}  .000096{col 41}{space 1}   -1.84{col 50}{space 3}0.066{col 58}{space 4}-.0003657{col 71}{space 3} .0000115
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2}-.2623128{col 30}{space 2} .0527517{col 41}{space 1}   -4.97{col 50}{space 3}0.000{col 58}{space 4}-.3659582{col 71}{space 3}-.1586674
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} .0001625{col 30}{space 2} .0001149{col 41}{space 1}    1.41{col 50}{space 3}0.158{col 58}{space 4}-.0000633{col 71}{space 3} .0003884
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L3D. {c |}{col 18}{res}{space 2}-.1076886{col 30}{space 2} .0491501{col 41}{space 1}   -2.19{col 50}{space 3}0.029{col 58}{space 4}-.2042577{col 71}{space 3}-.0111195
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2} .0000532{col 30}{space 2} .0001126{col 41}{space 1}    0.47{col 50}{space 3}0.637{col 58}{space 4} -.000168{col 71}{space 3} .0002744
{txt}{space 16} {c |}
{space 7}gov_party {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0533655{col 30}{space 2} .1072748{col 41}{space 1}    0.50{col 50}{space 3}0.619{col 58}{space 4}-.1574057{col 71}{space 3} .2641366
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0977074{col 30}{space 2} .0857638{col 41}{space 1}   -1.14{col 50}{space 3}0.255{col 58}{space 4}-.2662141{col 71}{space 3} .0707994
{txt}{space 16} {c |}
{space 5}dem_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}  .007611{col 30}{space 2} .1001176{col 41}{space 1}    0.08{col 50}{space 3}0.939{col 58}{space 4}-.1890978{col 71}{space 3} .2043197
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .0283519{col 30}{space 2} .0901681{col 41}{space 1}    0.31{col 50}{space 3}0.753{col 58}{space 4}-.1488084{col 71}{space 3} .2055123
{txt}{space 16} {c |}
{space 5}rep_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .1189833{col 30}{space 2} .1463368{col 41}{space 1}    0.81{col 50}{space 3}0.417{col 58}{space 4}-.1685361{col 71}{space 3} .4065026
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.2220671{col 30}{space 2}  .114032{col 41}{space 1}   -1.95{col 50}{space 3}0.052{col 58}{space 4}-.4461146{col 71}{space 3} .0019803
{txt}{space 16} {c |}
{space 2}electedjudges1 {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0448352{col 30}{space 2} .0754671{col 41}{space 1}    0.59{col 50}{space 3}0.553{col 58}{space 4}-.1034408{col 71}{space 3} .1931111
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .0255857{col 30}{space 2} .0617058{col 41}{space 1}    0.41{col 50}{space 3}0.679{col 58}{space 4}-.0956524{col 71}{space 3} .1468239
{txt}{space 16} {c |}
{space 6}state_fips {c |}
{space 14}5  {c |}{col 18}{res}{space 2} .0095198{col 30}{space 2} .0990652{col 41}{space 1}    0.10{col 50}{space 3}0.923{col 58}{space 4}-.1851213{col 71}{space 3} .2041609
{txt}{space 13}10  {c |}{col 18}{res}{space 2} .8768382{col 30}{space 2} .2795704{col 41}{space 1}    3.14{col 50}{space 3}0.002{col 58}{space 4} .3275446{col 71}{space 3} 1.426132
{txt}{space 13}12  {c |}{col 18}{res}{space 2}  .566222{col 30}{space 2} .1658761{col 41}{space 1}    3.41{col 50}{space 3}0.001{col 58}{space 4} .2403123{col 71}{space 3} .8921317
{txt}{space 13}13  {c |}{col 18}{res}{space 2} .2648701{col 30}{space 2}   .11484{col 41}{space 1}    2.31{col 50}{space 3}0.021{col 58}{space 4}  .039235{col 71}{space 3} .4905052
{txt}{space 13}21  {c |}{col 18}{res}{space 2}  .330593{col 30}{space 2} .1329921{col 41}{space 1}    2.49{col 50}{space 3}0.013{col 58}{space 4} .0692931{col 71}{space 3} .5918929
{txt}{space 13}22  {c |}{col 18}{res}{space 2} .1167726{col 30}{space 2} .1032357{col 41}{space 1}    1.13{col 50}{space 3}0.259{col 58}{space 4}-.0860625{col 71}{space 3} .3196077
{txt}{space 13}24  {c |}{col 18}{res}{space 2} .6707465{col 30}{space 2} .2435791{col 41}{space 1}    2.75{col 50}{space 3}0.006{col 58}{space 4} .1921676{col 71}{space 3} 1.149325
{txt}{space 13}28  {c |}{col 18}{res}{space 2}-.0423989{col 30}{space 2} .1046573{col 41}{space 1}   -0.41{col 50}{space 3}0.686{col 58}{space 4}-.2480273{col 71}{space 3} .1632294
{txt}{space 13}37  {c |}{col 18}{res}{space 2}  .253354{col 30}{space 2} .1100593{col 41}{space 1}    2.30{col 50}{space 3}0.022{col 58}{space 4} .0371119{col 71}{space 3} .4695961
{txt}{space 13}40  {c |}{col 18}{res}{space 2} .4098715{col 30}{space 2} .1336912{col 41}{space 1}    3.07{col 50}{space 3}0.002{col 58}{space 4} .1471981{col 71}{space 3}  .672545
{txt}{space 13}45  {c |}{col 18}{res}{space 2} .1681863{col 30}{space 2}  .133696{col 41}{space 1}    1.26{col 50}{space 3}0.209{col 58}{space 4}-.0944966{col 71}{space 3} .4308692
{txt}{space 13}47  {c |}{col 18}{res}{space 2}  .364145{col 30}{space 2} .1227513{col 41}{space 1}    2.97{col 50}{space 3}0.003{col 58}{space 4} .1229658{col 71}{space 3} .6053241
{txt}{space 13}48  {c |}{col 18}{res}{space 2} .3444489{col 30}{space 2} .1464513{col 41}{space 1}    2.35{col 50}{space 3}0.019{col 58}{space 4} .0567047{col 71}{space 3} .6321932
{txt}{space 13}51  {c |}{col 18}{res}{space 2} .5104201{col 30}{space 2} .1434009{col 41}{space 1}    3.56{col 50}{space 3}0.000{col 58}{space 4} .2286692{col 71}{space 3} .7921711
{txt}{space 13}54  {c |}{col 18}{res}{space 2} .3374152{col 30}{space 2} .1361748{col 41}{space 1}    2.48{col 50}{space 3}0.014{col 58}{space 4}  .069862{col 71}{space 3} .6049684
{txt}{space 16} {c |}
{space 12}year {c |}
{space 11}1947  {c |}{col 18}{res}{space 2} .0203406{col 30}{space 2} .0980614{col 41}{space 1}    0.21{col 50}{space 3}0.836{col 58}{space 4}-.1723283{col 71}{space 3} .2130095
{txt}{space 11}1948  {c |}{col 18}{res}{space 2} .0552312{col 30}{space 2} .1155603{col 41}{space 1}    0.48{col 50}{space 3}0.633{col 58}{space 4}-.1718191{col 71}{space 3} .2822815
{txt}{space 11}1949  {c |}{col 18}{res}{space 2} -.156884{col 30}{space 2} .1163233{col 41}{space 1}   -1.35{col 50}{space 3}0.178{col 58}{space 4}-.3854334{col 71}{space 3} .0716654
{txt}{space 11}1950  {c |}{col 18}{res}{space 2}-.0352131{col 30}{space 2} .0938649{col 41}{space 1}   -0.38{col 50}{space 3}0.708{col 58}{space 4}-.2196368{col 71}{space 3} .1492107
{txt}{space 11}1951  {c |}{col 18}{res}{space 2} .0438801{col 30}{space 2} .1490547{col 41}{space 1}    0.29{col 50}{space 3}0.769{col 58}{space 4}-.2489793{col 71}{space 3} .3367394
{txt}{space 11}1952  {c |}{col 18}{res}{space 2} .0140082{col 30}{space 2} .0799426{col 41}{space 1}    0.18{col 50}{space 3}0.861{col 58}{space 4}-.1430612{col 71}{space 3} .1710776
{txt}{space 11}1953  {c |}{col 18}{res}{space 2}  .219999{col 30}{space 2} .1289419{col 41}{space 1}    1.71{col 50}{space 3}0.089{col 58}{space 4}-.0333431{col 71}{space 3} .4733411
{txt}{space 11}1954  {c |}{col 18}{res}{space 2} .0462059{col 30}{space 2} .0701902{col 41}{space 1}    0.66{col 50}{space 3}0.511{col 58}{space 4}-.0917023{col 71}{space 3}  .184114
{txt}{space 11}1955  {c |}{col 18}{res}{space 2} .0969348{col 30}{space 2} .1338486{col 41}{space 1}    0.72{col 50}{space 3}0.469{col 58}{space 4}-.1660479{col 71}{space 3} .3599174
{txt}{space 11}1956  {c |}{col 18}{res}{space 2}  .104525{col 30}{space 2} .1024249{col 41}{space 1}    1.02{col 50}{space 3}0.308{col 58}{space 4} -.096717{col 71}{space 3} .3057671
{txt}{space 11}1957  {c |}{col 18}{res}{space 2} .0961083{col 30}{space 2}  .086334{col 41}{space 1}    1.11{col 50}{space 3}0.266{col 58}{space 4}-.0735188{col 71}{space 3} .2657355
{txt}{space 11}1958  {c |}{col 18}{res}{space 2} .1363265{col 30}{space 2} .0929117{col 41}{space 1}    1.47{col 50}{space 3}0.143{col 58}{space 4}-.0462244{col 71}{space 3} .3188774
{txt}{space 11}1959  {c |}{col 18}{res}{space 2}-.1626553{col 30}{space 2} .1774064{col 41}{space 1}   -0.92{col 50}{space 3}0.360{col 58}{space 4}-.5112195{col 71}{space 3} .1859089
{txt}{space 11}1960  {c |}{col 18}{res}{space 2} .0985401{col 30}{space 2} .1108265{col 41}{space 1}    0.89{col 50}{space 3}0.374{col 58}{space 4}-.1192094{col 71}{space 3} .3162896
{txt}{space 11}1961  {c |}{col 18}{res}{space 2} .2343136{col 30}{space 2}  .130967{col 41}{space 1}    1.79{col 50}{space 3}0.074{col 58}{space 4}-.0230074{col 71}{space 3} .4916346
{txt}{space 11}1962  {c |}{col 18}{res}{space 2} .2095524{col 30}{space 2} .1436482{col 41}{space 1}    1.46{col 50}{space 3}0.145{col 58}{space 4}-.0726843{col 71}{space 3} .4917892
{txt}{space 11}1963  {c |}{col 18}{res}{space 2} .5837458{col 30}{space 2} .1687334{col 41}{space 1}    3.46{col 50}{space 3}0.001{col 58}{space 4} .2522222{col 71}{space 3} .9152694
{txt}{space 11}1964  {c |}{col 18}{res}{space 2} .5425448{col 30}{space 2} .1669087{col 41}{space 1}    3.25{col 50}{space 3}0.001{col 58}{space 4} .2146064{col 71}{space 3} .8704833
{txt}{space 11}1965  {c |}{col 18}{res}{space 2} .2823528{col 30}{space 2} .2220112{col 41}{space 1}    1.27{col 50}{space 3}0.204{col 58}{space 4}-.1538498{col 71}{space 3} .7185553
{txt}{space 11}1966  {c |}{col 18}{res}{space 2} .6733178{col 30}{space 2} .2096364{col 41}{space 1}    3.21{col 50}{space 3}0.001{col 58}{space 4} .2614289{col 71}{space 3} 1.085207
{txt}{space 11}1967  {c |}{col 18}{res}{space 2}  1.03543{col 30}{space 2} .2590693{col 41}{space 1}    4.00{col 50}{space 3}0.000{col 58}{space 4} .5264161{col 71}{space 3} 1.544443
{txt}{space 11}1968  {c |}{col 18}{res}{space 2} .4517894{col 30}{space 2} .2608442{col 41}{space 1}    1.73{col 50}{space 3}0.084{col 58}{space 4}-.0607116{col 71}{space 3} .9642903
{txt}{space 11}1969  {c |}{col 18}{res}{space 2} .7507655{col 30}{space 2} .2466769{col 41}{space 1}    3.04{col 50}{space 3}0.002{col 58}{space 4} .2661002{col 71}{space 3} 1.235431
{txt}{space 11}1970  {c |}{col 18}{res}{space 2} .8521813{col 30}{space 2} .2754699{col 41}{space 1}    3.09{col 50}{space 3}0.002{col 58}{space 4} .3109442{col 71}{space 3} 1.393419
{txt}{space 11}1971  {c |}{col 18}{res}{space 2} .5913558{col 30}{space 2} .2588029{col 41}{space 1}    2.28{col 50}{space 3}0.023{col 58}{space 4} .0828656{col 71}{space 3} 1.099846
{txt}{space 11}1972  {c |}{col 18}{res}{space 2}   .79927{col 30}{space 2} .3176076{col 41}{space 1}    2.52{col 50}{space 3}0.012{col 58}{space 4} .1752417{col 71}{space 3} 1.423298
{txt}{space 11}1973  {c |}{col 18}{res}{space 2} .9027279{col 30}{space 2} .3073194{col 41}{space 1}    2.94{col 50}{space 3}0.003{col 58}{space 4} .2989135{col 71}{space 3} 1.506542
{txt}{space 11}1974  {c |}{col 18}{res}{space 2} .6579296{col 30}{space 2} .3076653{col 41}{space 1}    2.14{col 50}{space 3}0.033{col 58}{space 4} .0534357{col 71}{space 3} 1.262423
{txt}{space 11}1975  {c |}{col 18}{res}{space 2} .5094002{col 30}{space 2} .3433792{col 41}{space 1}    1.48{col 50}{space 3}0.139{col 58}{space 4}-.1652635{col 71}{space 3} 1.184064
{txt}{space 11}1976  {c |}{col 18}{res}{space 2} .8364851{col 30}{space 2} .3667115{col 41}{space 1}    2.28{col 50}{space 3}0.023{col 58}{space 4} .1159786{col 71}{space 3} 1.556992
{txt}{space 11}1977  {c |}{col 18}{res}{space 2} .8760464{col 30}{space 2} .4100543{col 41}{space 1}    2.14{col 50}{space 3}0.033{col 58}{space 4} .0703808{col 71}{space 3} 1.681712
{txt}{space 11}1978  {c |}{col 18}{res}{space 2} .8258309{col 30}{space 2} .3573534{col 41}{space 1}    2.31{col 50}{space 3}0.021{col 58}{space 4}  .123711{col 71}{space 3} 1.527951
{txt}{space 11}1979  {c |}{col 18}{res}{space 2} .9952334{col 30}{space 2} .3897211{col 41}{space 1}    2.55{col 50}{space 3}0.011{col 58}{space 4}  .229518{col 71}{space 3} 1.760949
{txt}{space 11}1980  {c |}{col 18}{res}{space 2} .9203232{col 30}{space 2} .3828273{col 41}{space 1}    2.40{col 50}{space 3}0.017{col 58}{space 4} .1681527{col 71}{space 3} 1.672494
{txt}{space 16} {c |}
{space 11}_cons {c |}{col 18}{res}{space 2} .3900729{col 30}{space 2} .2980944{col 41}{space 1}    1.31{col 50}{space 3}0.191{col 58}{space 4}-.1956163{col 71}{space 3}  .975762
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict ihsklarnerranneyhatallpre if year<=1980 & nonsouth==0
{txt}(option xb assumed; fitted values)
(2,779 missing values generated)

{com}. 
. 
.  
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.ihsklarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney = 0{p_end}

{txt}       F(  1,   494) ={res}   10.65
{txt}{col 13}Prob > F ={res}    0.0012
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENIETY)*
. 
. test l.ihsklarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.ihsklarnerranney = 0{p_end}

{txt}       F(  2,   494) ={res}    7.02
{txt}{col 13}Prob > F ={res}    0.0010
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} .0000386{col 26}{space 2} .0002064{col 37}{space 1}    0.19{col 46}{space 3}0.852{col 54}{space 4}-.0003669{col 67}{space 3} .0004441
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-.0013677{col 26}{space 2} .0008109{col 37}{space 1}   -1.69{col 46}{space 3}0.092{col 54}{space 4}-.0029571{col 67}{space 3} .0002217
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum real_pc_inc_ann   if ihsklarnerranneyhatallpre!=. & year<=1980 & nonsouth==0, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res}  3271.09       2933.336
{txt} 5%    {res} 3864.995       2952.088
{txt}10%    {res} 4267.953       3099.246       {txt}Obs         {res}        560
{txt}25%    {res} 5185.011       3175.111       {txt}Sum of Wgt. {res}        560

{txt}50%    {res} 6851.571                      {txt}Mean          {res} 7293.176
                        {txt}Largest       Std. Dev.     {res} 2538.802
{txt}75%    {res} 9303.965       13486.41
{txt}90%    {res} 10699.54       13546.99       {txt}Variance      {res}  6445516
{txt}95%    {res} 12015.41        13739.2       {txt}Skewness      {res} .4424653
{txt}99%    {res} 13219.78       13843.29       {txt}Kurtosis      {res} 2.287467
{txt}
{com}. 
. *
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF  real_pc_inc_ann ON ihsklarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / -_b[l.ihsklarnerranney])*8860.249   -  (_b[l.real_pc_inc_ann] / -_b[l.ihsklarnerranney])*4972.713

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / -_b[l.ihsklarnerranney])*8860.249 - (_b[l.real_pc_inc_ann] / -_b[l.ihsklarnerranney])*4972.713

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-5.316843{col 26}{space 2} 3.152501{col 37}{space 1}   -1.69{col 46}{space 3}0.092{col 54}{space 4}-11.49563{col 67}{space 3} .8619456
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
.   
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. // (4,3)  MODEL
. 
. 
. 
. 
. *** II.C: SOUTHERN STATES (N = 14): POST-PARTISAN ALIGNMENT TIME PERIOD (1981 - 2010) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year >1980 & nonsouth==0
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       480{col 27}-3417.446{col 38}-3135.102{col 49}    67{col 58} 6404.203{col 69} 6683.847
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year >1980 & nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       480
{txt}maximum lag: {res}5{col 49}{txt}F( 66,       413){col 67}= {res}     36.55
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.1370242{col 34}{space 2} .0223471{col 45}{space 1}   -6.13{col 54}{space 3}0.000{col 62}{space 4}-.1809525{col 75}{space 3}-.0930958
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} .3581693{col 34}{space 2} .9183856{col 45}{space 1}    0.39{col 54}{space 3}0.697{col 62}{space 4}-1.447124{col 75}{space 3} 2.163462
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2}  .194255{col 34}{space 2} .0925198{col 45}{space 1}    2.10{col 54}{space 3}0.036{col 62}{space 4} .0123866{col 75}{space 3} .3761233
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-1.429946{col 34}{space 2} 1.398561{col 45}{space 1}   -1.02{col 54}{space 3}0.307{col 62}{space 4}-4.179132{col 75}{space 3} 1.319241
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .3029439{col 34}{space 2} .0837335{col 45}{space 1}    3.62{col 54}{space 3}0.000{col 62}{space 4}  .138347{col 75}{space 3} .4675409
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2}-2.854247{col 34}{space 2} 1.417442{col 45}{space 1}   -2.01{col 54}{space 3}0.045{col 62}{space 4}-5.640547{col 75}{space 3} -.067947
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0115586{col 34}{space 2} .0603858{col 45}{space 1}   -0.19{col 54}{space 3}0.848{col 62}{space 4}-.1302604{col 75}{space 3} .1071432
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} -1.63799{col 34}{space 2} 1.671178{col 45}{space 1}   -0.98{col 54}{space 3}0.328{col 62}{space 4}-4.923065{col 75}{space 3} 1.647086
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-825.6194{col 34}{space 2} 727.7209{col 45}{space 1}   -1.13{col 54}{space 3}0.257{col 62}{space 4}-2256.118{col 75}{space 3} 604.8795
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 787.6432{col 34}{space 2} 831.7285{col 45}{space 1}    0.95{col 54}{space 3}0.344{col 62}{space 4} -847.306{col 75}{space 3} 2422.592
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 50.68042{col 34}{space 2} 72.60766{col 45}{space 1}    0.70{col 54}{space 3}0.486{col 62}{space 4}-92.04624{col 75}{space 3} 193.4071
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-161.0036{col 34}{space 2} 63.58166{col 45}{space 1}   -2.53{col 54}{space 3}0.012{col 62}{space 4}-285.9876{col 75}{space 3}-36.01959
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-761.3475{col 34}{space 2} 442.8178{col 45}{space 1}   -1.72{col 54}{space 3}0.086{col 62}{space 4}-1631.805{col 75}{space 3} 109.1102
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-738.3162{col 34}{space 2} 839.3294{col 45}{space 1}   -0.88{col 54}{space 3}0.380{col 62}{space 4}-2388.207{col 75}{space 3} 911.5742
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-3200.686{col 34}{space 2} 3860.257{col 45}{space 1}   -0.83{col 54}{space 3}0.408{col 62}{space 4}-10788.89{col 75}{space 3} 4387.516
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 7484.373{col 34}{space 2}  2891.93{col 45}{space 1}    2.59{col 54}{space 3}0.010{col 62}{space 4} 1799.634{col 75}{space 3} 13169.11
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-18.87577{col 34}{space 2} 37.96841{col 45}{space 1}   -0.50{col 54}{space 3}0.619{col 62}{space 4} -93.5112{col 75}{space 3} 55.75965
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 101.1761{col 34}{space 2} 54.01708{col 45}{space 1}    1.87{col 54}{space 3}0.062{col 62}{space 4}-5.006572{col 75}{space 3} 207.3588
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}  37.7146{col 34}{space 2} 45.15291{col 45}{space 1}    0.84{col 54}{space 3}0.404{col 62}{space 4}-51.04359{col 75}{space 3} 126.4728
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-86.92903{col 34}{space 2} 54.88974{col 45}{space 1}   -1.58{col 54}{space 3}0.114{col 62}{space 4}-194.8271{col 75}{space 3} 20.96907
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-88.54182{col 34}{space 2} 55.95634{col 45}{space 1}   -1.58{col 54}{space 3}0.114{col 62}{space 4}-198.5366{col 75}{space 3} 21.45293
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 20.95009{col 34}{space 2} 71.49985{col 45}{space 1}    0.29{col 54}{space 3}0.770{col 62}{space 4}-119.5989{col 75}{space 3} 161.4991
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}5  {c |}{col 22}{res}{space 2}-133.0977{col 34}{space 2} 83.11269{col 45}{space 1}   -1.60{col 54}{space 3}0.110{col 62}{space 4}-296.4744{col 75}{space 3} 30.27895
{txt}{space 17}10  {c |}{col 22}{res}{space 2} 539.8344{col 34}{space 2} 115.6426{col 45}{space 1}    4.67{col 54}{space 3}0.000{col 62}{space 4} 312.5128{col 75}{space 3}  767.156
{txt}{space 17}12  {c |}{col 22}{res}{space 2} 397.2886{col 34}{space 2}  70.2708{col 45}{space 1}    5.65{col 54}{space 3}0.000{col 62}{space 4} 259.1556{col 75}{space 3} 535.4217
{txt}{space 17}13  {c |}{col 22}{res}{space 2} 256.2331{col 34}{space 2}   55.409{col 45}{space 1}    4.62{col 54}{space 3}0.000{col 62}{space 4} 147.3143{col 75}{space 3}  365.152
{txt}{space 17}21  {c |}{col 22}{res}{space 2}  42.0506{col 34}{space 2} 85.52404{col 45}{space 1}    0.49{col 54}{space 3}0.623{col 62}{space 4}-126.0661{col 75}{space 3} 210.1673
{txt}{space 17}22  {c |}{col 22}{res}{space 2} 54.92673{col 34}{space 2} 47.54898{col 45}{space 1}    1.16{col 54}{space 3}0.249{col 62}{space 4}-38.54147{col 75}{space 3} 148.3949
{txt}{space 17}24  {c |}{col 22}{res}{space 2} 883.7517{col 34}{space 2} 145.8326{col 45}{space 1}    6.06{col 54}{space 3}0.000{col 62}{space 4}  597.085{col 75}{space 3} 1170.418
{txt}{space 17}28  {c |}{col 22}{res}{space 2}-201.7176{col 34}{space 2} 50.42194{col 45}{space 1}   -4.00{col 54}{space 3}0.000{col 62}{space 4}-300.8333{col 75}{space 3} -102.602
{txt}{space 17}37  {c |}{col 22}{res}{space 2} 154.5287{col 34}{space 2} 42.03763{col 45}{space 1}    3.68{col 54}{space 3}0.000{col 62}{space 4} 71.89434{col 75}{space 3} 237.1631
{txt}{space 17}40  {c |}{col 22}{res}{space 2} 50.92221{col 34}{space 2} 43.71556{col 45}{space 1}    1.16{col 54}{space 3}0.245{col 62}{space 4}-35.01054{col 75}{space 3}  136.855
{txt}{space 17}45  {c |}{col 22}{res}{space 2} 33.39833{col 34}{space 2}  40.0586{col 45}{space 1}    0.83{col 54}{space 3}0.405{col 62}{space 4}-45.34585{col 75}{space 3} 112.1425
{txt}{space 17}47  {c |}{col 22}{res}{space 2} 208.5009{col 34}{space 2} 69.16976{col 45}{space 1}    3.01{col 54}{space 3}0.003{col 62}{space 4} 72.53223{col 75}{space 3} 344.4696
{txt}{space 17}48  {c |}{col 22}{res}{space 2} 307.1876{col 34}{space 2} 69.03016{col 45}{space 1}    4.45{col 54}{space 3}0.000{col 62}{space 4} 171.4933{col 75}{space 3} 442.8819
{txt}{space 17}51  {c |}{col 22}{res}{space 2} 569.8327{col 34}{space 2}  92.0927{col 45}{space 1}    6.19{col 54}{space 3}0.000{col 62}{space 4} 388.8038{col 75}{space 3} 750.8616
{txt}{space 17}54  {c |}{col 22}{res}{space 2}-38.66085{col 34}{space 2} 90.56039{col 45}{space 1}   -0.43{col 54}{space 3}0.670{col 62}{space 4}-216.6776{col 75}{space 3} 139.3559
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1982  {c |}{col 22}{res}{space 2} 9.005999{col 34}{space 2} 80.56644{col 45}{space 1}    0.11{col 54}{space 3}0.911{col 62}{space 4}-149.3654{col 75}{space 3} 167.3774
{txt}{space 15}1983  {c |}{col 22}{res}{space 2} 44.56912{col 34}{space 2} 97.52069{col 45}{space 1}    0.46{col 54}{space 3}0.648{col 62}{space 4}-147.1297{col 75}{space 3} 236.2679
{txt}{space 15}1984  {c |}{col 22}{res}{space 2} 375.4544{col 34}{space 2} 78.14703{col 45}{space 1}    4.80{col 54}{space 3}0.000{col 62}{space 4} 221.8388{col 75}{space 3} 529.0699
{txt}{space 15}1985  {c |}{col 22}{res}{space 2} 124.0504{col 34}{space 2} 101.6803{col 45}{space 1}    1.22{col 54}{space 3}0.223{col 62}{space 4}-75.82503{col 75}{space 3} 323.9259
{txt}{space 15}1986  {c |}{col 22}{res}{space 2} 43.47369{col 34}{space 2} 92.12174{col 45}{space 1}    0.47{col 54}{space 3}0.637{col 62}{space 4}-137.6123{col 75}{space 3} 224.5597
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 63.56715{col 34}{space 2} 80.67321{col 45}{space 1}    0.79{col 54}{space 3}0.431{col 62}{space 4}-95.01417{col 75}{space 3} 222.1485
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 341.5379{col 34}{space 2} 80.91601{col 45}{space 1}    4.22{col 54}{space 3}0.000{col 62}{space 4} 182.4794{col 75}{space 3} 500.5965
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 312.3232{col 34}{space 2} 101.5276{col 45}{space 1}    3.08{col 54}{space 3}0.002{col 62}{space 4} 112.7479{col 75}{space 3} 511.8986
{txt}{space 15}1990  {c |}{col 22}{res}{space 2}-16.11311{col 34}{space 2} 107.5201{col 45}{space 1}   -0.15{col 54}{space 3}0.881{col 62}{space 4}-227.4679{col 75}{space 3} 195.2417
{txt}{space 15}1991  {c |}{col 22}{res}{space 2}   5.3552{col 34}{space 2} 87.90628{col 45}{space 1}    0.06{col 54}{space 3}0.951{col 62}{space 4}-167.4443{col 75}{space 3} 178.1547
{txt}{space 15}1992  {c |}{col 22}{res}{space 2} 482.3315{col 34}{space 2} 98.96822{col 45}{space 1}    4.87{col 54}{space 3}0.000{col 62}{space 4} 287.7873{col 75}{space 3} 676.8758
{txt}{space 15}1993  {c |}{col 22}{res}{space 2} 277.8581{col 34}{space 2} 124.5142{col 45}{space 1}    2.23{col 54}{space 3}0.026{col 62}{space 4}  33.0975{col 75}{space 3} 522.6188
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 382.7306{col 34}{space 2}  112.669{col 45}{space 1}    3.40{col 54}{space 3}0.001{col 62}{space 4} 161.2545{col 75}{space 3} 604.2068
{txt}{space 15}1995  {c |}{col 22}{res}{space 2} 403.0086{col 34}{space 2} 121.0531{col 45}{space 1}    3.33{col 54}{space 3}0.001{col 62}{space 4} 165.0515{col 75}{space 3} 640.9657
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 452.4986{col 34}{space 2} 119.8589{col 45}{space 1}    3.78{col 54}{space 3}0.000{col 62}{space 4}  216.889{col 75}{space 3} 688.1082
{txt}{space 15}1997  {c |}{col 22}{res}{space 2} 560.3897{col 34}{space 2}  123.993{col 45}{space 1}    4.52{col 54}{space 3}0.000{col 62}{space 4} 316.6537{col 75}{space 3} 804.1258
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 830.6606{col 34}{space 2} 134.4305{col 45}{space 1}    6.18{col 54}{space 3}0.000{col 62}{space 4} 566.4073{col 75}{space 3} 1094.914
{txt}{space 15}1999  {c |}{col 22}{res}{space 2} 440.5006{col 34}{space 2} 153.5185{col 45}{space 1}    2.87{col 54}{space 3}0.004{col 62}{space 4} 138.7254{col 75}{space 3} 742.2758
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 687.6869{col 34}{space 2} 137.9411{col 45}{space 1}    4.99{col 54}{space 3}0.000{col 62}{space 4} 416.5327{col 75}{space 3} 958.8411
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 580.2836{col 34}{space 2}  156.123{col 45}{space 1}    3.72{col 54}{space 3}0.000{col 62}{space 4} 273.3888{col 75}{space 3} 887.1784
{txt}{space 15}2002  {c |}{col 22}{res}{space 2} 422.6882{col 34}{space 2} 145.9729{col 45}{space 1}    2.90{col 54}{space 3}0.004{col 62}{space 4} 135.7458{col 75}{space 3} 709.6307
{txt}{space 15}2003  {c |}{col 22}{res}{space 2}  575.579{col 34}{space 2} 145.2061{col 45}{space 1}    3.96{col 54}{space 3}0.000{col 62}{space 4} 290.1439{col 75}{space 3} 861.0141
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 1001.063{col 34}{space 2} 162.4723{col 45}{space 1}    6.16{col 54}{space 3}0.000{col 62}{space 4} 681.6872{col 75}{space 3} 1320.439
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 844.6683{col 34}{space 2} 188.0727{col 45}{space 1}    4.49{col 54}{space 3}0.000{col 62}{space 4} 474.9692{col 75}{space 3} 1214.367
{txt}{space 15}2006  {c |}{col 22}{res}{space 2} 991.7448{col 34}{space 2} 183.4419{col 45}{space 1}    5.41{col 54}{space 3}0.000{col 62}{space 4} 631.1486{col 75}{space 3} 1352.341
{txt}{space 15}2007  {c |}{col 22}{res}{space 2}   837.69{col 34}{space 2} 183.8043{col 45}{space 1}    4.56{col 54}{space 3}0.000{col 62}{space 4} 476.3813{col 75}{space 3} 1198.999
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 654.5583{col 34}{space 2} 217.3982{col 45}{space 1}    3.01{col 54}{space 3}0.003{col 62}{space 4} 227.2134{col 75}{space 3} 1081.903
{txt}{space 15}2009  {c |}{col 22}{res}{space 2} 43.32832{col 34}{space 2} 167.0181{col 45}{space 1}    0.26{col 54}{space 3}0.795{col 62}{space 4}-284.9832{col 75}{space 3} 371.6398
{txt}{space 15}2010  {c |}{col 22}{res}{space 2} 992.0985{col 34}{space 2} 150.2188{col 45}{space 1}    6.60{col 54}{space 3}0.000{col 62}{space 4} 696.8097{col 75}{space 3} 1287.387
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2} 4726.529{col 34}{space 2} 3857.817{col 45}{space 1}    1.23{col 54}{space 3}0.221{col 62}{space 4}-2856.876{col 75}{space 3} 12309.93
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpost if year>1980 & nonsouth==0
{txt}(option xb assumed; fitted values)
(2,859 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   413) ={res}   37.60
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENIETY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   413) ={res}   19.71
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-5.922182{col 26}{space 2} 3.011076{col 37}{space 1}   -1.97{col 46}{space 3}0.050{col 54}{space 4}-11.84113{col 67}{space 3}-.0032356
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 2.613913{col 26}{space 2} 6.597792{col 37}{space 1}    0.40{col 46}{space 3}0.692{col 54}{space 4}-10.31752{col 67}{space 3} 15.54535
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. sum klarnerranney real_pc_inc_ann  if real_pc_inc_annhatallpost!=. & year>1980 & nonsouth==0, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res}  9.52381       4.761905
{txt} 5%    {res} 20.42857       4.761905
{txt}10%    {res} 26.26342        9.52381       {txt}Obs         {res}        480
{txt}25%    {res} 47.13243        9.52381       {txt}Sum of Wgt. {res}        480

{txt}50%    {res} 65.38146                      {txt}Mean          {res} 63.65517
                        {txt}Largest       Std. Dev.     {res} 24.56132
{txt}75%    {res} 84.22552        99.6129
{txt}90%    {res} 94.15989       99.82796       {txt}Variance      {res} 603.2585
{txt}95%    {res} 97.81362       99.82796       {txt}Skewness      {res}-.4171826
{txt}99%    {res}  99.6129            100       {txt}Kurtosis      {res} 2.175231

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 9164.067       8530.043
{txt} 5%    {res}  9999.05       8604.584
{txt}10%    {res} 10686.35       8624.711       {txt}Obs         {res}        480
{txt}25%    {res} 12148.72       9026.411       {txt}Sum of Wgt. {res}        480

{txt}50%    {res} 13989.87                      {txt}Mean          {res} 14128.22
                        {txt}Largest       Std. Dev.     {res} 2743.435
{txt}75%    {res} 15914.87       22251.78
{txt}90%    {res} 17515.28       22482.09       {txt}Variance      {res}  7526434
{txt}95%    {res} 18853.42       22589.98       {txt}Skewness      {res} .4725083
{txt}99%    {res}  22192.4       22695.73       {txt}Kurtosis      {res} 3.086701
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*83.33333  -  (_b[l.klarnerranney]  / - _b[l.real_pc_inc_ann])*46.58065 

       {txt}_nl_1:  {res}(_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*83.33333 - (_b[l.klarnerranney]  / - _b[l.real_pc_inc_ann])*46.58065

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 96.06832{col 26}{space 2} 242.4865{col 37}{space 1}    0.40{col 46}{space 3}0.692{col 54}{space 4}-379.1966{col 67}{space 3} 571.3332
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year >1980 & nonsouth==0
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       480{col 27}-1585.839{col 38} -1479.54{col 49}    61{col 58} 3081.081{col 69} 3335.682
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year >1980 & nonsouth==0, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       480
{txt}maximum lag: {res}5{col 49}{txt}F( 60,       419){col 67}= {res}      3.36
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1774434{col 29}{space 2}  .031165{col 40}{space 1}   -5.69{col 49}{space 3}0.000{col 57}{space 4}-.2387026{col 70}{space 3}-.1161842
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0004458{col 29}{space 2} .0005726{col 40}{space 1}    0.78{col 49}{space 3}0.437{col 57}{space 4}-.0006797{col 70}{space 3} .0015713
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0047385{col 29}{space 2} .0395752{col 40}{space 1}    0.12{col 49}{space 3}0.905{col 57}{space 4}-.0730521{col 70}{space 3} .0825291
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0012411{col 29}{space 2} .0014169{col 40}{space 1}   -0.88{col 49}{space 3}0.382{col 57}{space 4}-.0040262{col 70}{space 3}  .001544
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0295528{col 29}{space 2} .0615855{col 40}{space 1}    0.48{col 49}{space 3}0.632{col 57}{space 4}-.0915023{col 70}{space 3}  .150608
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0028857{col 29}{space 2} .0017299{col 40}{space 1}    1.67{col 49}{space 3}0.096{col 57}{space 4}-.0005146{col 70}{space 3}  .006286
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0190331{col 29}{space 2}  .040502{col 40}{space 1}    0.47{col 49}{space 3}0.639{col 57}{space 4}-.0605792{col 70}{space 3} .0986455
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .0002435{col 29}{space 2} .0018341{col 40}{space 1}    0.13{col 49}{space 3}0.894{col 57}{space 4}-.0033617{col 70}{space 3} .0038487
{txt}{space 15} {c |}
{space 6}gov_party {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-4.979945{col 29}{space 2} 1.094724{col 40}{space 1}   -4.55{col 49}{space 3}0.000{col 57}{space 4}-7.131781{col 70}{space 3}-2.828109
{txt}{space 12}LD. {c |}{col 17}{res}{space 2} 3.124596{col 29}{space 2} 1.280577{col 40}{space 1}    2.44{col 49}{space 3}0.015{col 57}{space 4} .6074392{col 70}{space 3} 5.641752
{txt}{space 15} {c |}
{space 4}dem_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 5.424499{col 29}{space 2} 1.333028{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 2.804243{col 70}{space 3} 8.044755
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-3.578226{col 29}{space 2} 1.378653{col 40}{space 1}   -2.60{col 49}{space 3}0.010{col 57}{space 4}-6.288163{col 70}{space 3}-.8682891
{txt}{space 15} {c |}
{space 4}rep_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-6.738558{col 29}{space 2} 1.842917{col 40}{space 1}   -3.66{col 49}{space 3}0.000{col 57}{space 4}-10.36107{col 70}{space 3}-3.116044
{txt}{space 12}LD. {c |}{col 17}{res}{space 2} 4.213693{col 29}{space 2} 1.713521{col 40}{space 1}    2.46{col 49}{space 3}0.014{col 57}{space 4} .8455245{col 70}{space 3} 7.581862
{txt}{space 15} {c |}
{space 1}electedjudges1 {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 3.352905{col 29}{space 2}  1.40708{col 40}{space 1}    2.38{col 49}{space 3}0.018{col 57}{space 4} .5870905{col 70}{space 3}  6.11872
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-.8020325{col 29}{space 2} 2.512844{col 40}{space 1}   -0.32{col 49}{space 3}0.750{col 57}{space 4}-5.741383{col 70}{space 3} 4.137318
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-2.424532{col 29}{space 2} 1.644526{col 40}{space 1}   -1.47{col 49}{space 3}0.141{col 57}{space 4} -5.65708{col 70}{space 3} .8080164
{txt}{space 12}10  {c |}{col 17}{res}{space 2} 9.093502{col 29}{space 2} 4.076999{col 40}{space 1}    2.23{col 49}{space 3}0.026{col 57}{space 4} 1.079583{col 70}{space 3} 17.10742
{txt}{space 12}12  {c |}{col 17}{res}{space 2} 7.829754{col 29}{space 2} 3.045928{col 40}{space 1}    2.57{col 49}{space 3}0.010{col 57}{space 4} 1.842549{col 70}{space 3} 13.81696
{txt}{space 12}13  {c |}{col 17}{res}{space 2} 1.337567{col 29}{space 2} 1.472088{col 40}{space 1}    0.91{col 49}{space 3}0.364{col 57}{space 4}-1.556032{col 70}{space 3} 4.231165
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 4.146025{col 29}{space 2} 1.179363{col 40}{space 1}    3.52{col 49}{space 3}0.000{col 57}{space 4}  1.82782{col 70}{space 3} 6.464229
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.2069041{col 29}{space 2} 1.128678{col 40}{space 1}   -0.18{col 49}{space 3}0.855{col 57}{space 4}-2.425481{col 70}{space 3} 2.011673
{txt}{space 12}24  {c |}{col 17}{res}{space 2}-1.792452{col 29}{space 2}  3.70366{col 40}{space 1}   -0.48{col 49}{space 3}0.629{col 57}{space 4}-9.072521{col 70}{space 3} 5.487616
{txt}{space 12}28  {c |}{col 17}{res}{space 2} .6393412{col 29}{space 2}  1.42674{col 40}{space 1}    0.45{col 49}{space 3}0.654{col 57}{space 4}-2.165119{col 70}{space 3} 3.443801
{txt}{space 12}37  {c |}{col 17}{res}{space 2} 3.154097{col 29}{space 2} 1.479938{col 40}{space 1}    2.13{col 49}{space 3}0.034{col 57}{space 4} .2450675{col 70}{space 3} 6.063126
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 4.696972{col 29}{space 2} 1.781938{col 40}{space 1}    2.64{col 49}{space 3}0.009{col 57}{space 4}  1.19432{col 70}{space 3} 8.199624
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 8.650609{col 29}{space 2} 2.125486{col 40}{space 1}    4.07{col 49}{space 3}0.000{col 57}{space 4} 4.472664{col 70}{space 3} 12.82855
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 5.517325{col 29}{space 2} 1.905732{col 40}{space 1}    2.90{col 49}{space 3}0.004{col 57}{space 4} 1.771338{col 70}{space 3} 9.263312
{txt}{space 12}48  {c |}{col 17}{res}{space 2} 3.894102{col 29}{space 2} 1.779324{col 40}{space 1}    2.19{col 49}{space 3}0.029{col 57}{space 4} .3965896{col 70}{space 3} 7.391615
{txt}{space 12}51  {c |}{col 17}{res}{space 2} 7.115012{col 29}{space 2} 3.266886{col 40}{space 1}    2.18{col 49}{space 3}0.030{col 57}{space 4} .6934841{col 70}{space 3} 13.53654
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-2.736673{col 29}{space 2} 1.321743{col 40}{space 1}   -2.07{col 49}{space 3}0.039{col 57}{space 4}-5.334747{col 70}{space 3}-.1385991
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-3.920133{col 29}{space 2} 1.951699{col 40}{space 1}   -2.01{col 49}{space 3}0.045{col 57}{space 4}-7.756474{col 70}{space 3}-.0837914
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-7.550996{col 29}{space 2} 2.833725{col 40}{space 1}   -2.66{col 49}{space 3}0.008{col 57}{space 4}-13.12108{col 70}{space 3}-1.980908
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-4.474945{col 29}{space 2} 1.918683{col 40}{space 1}   -2.33{col 49}{space 3}0.020{col 57}{space 4}-8.246389{col 70}{space 3}-.7035018
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  2.27081{col 29}{space 2} 2.897077{col 40}{space 1}    0.78{col 49}{space 3}0.434{col 57}{space 4}-3.423805{col 70}{space 3} 7.965426
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-4.314988{col 29}{space 2} 2.254828{col 40}{space 1}   -1.91{col 49}{space 3}0.056{col 57}{space 4}-8.747173{col 70}{space 3} .1171974
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-1.312492{col 29}{space 2} 2.577731{col 40}{space 1}   -0.51{col 49}{space 3}0.611{col 57}{space 4}-6.379389{col 70}{space 3} 3.754404
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-3.159622{col 29}{space 2} 2.046126{col 40}{space 1}   -1.54{col 49}{space 3}0.123{col 57}{space 4}-7.181572{col 70}{space 3} .8623283
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-1.173375{col 29}{space 2} 2.590052{col 40}{space 1}   -0.45{col 49}{space 3}0.651{col 57}{space 4} -6.26449{col 70}{space 3} 3.917739
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-2.842914{col 29}{space 2} 2.366091{col 40}{space 1}   -1.20{col 49}{space 3}0.230{col 57}{space 4}-7.493801{col 70}{space 3} 1.807974
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-1.626693{col 29}{space 2} 2.454123{col 40}{space 1}   -0.66{col 49}{space 3}0.508{col 57}{space 4}-6.450619{col 70}{space 3} 3.197234
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} .2769049{col 29}{space 2} 2.554796{col 40}{space 1}    0.11{col 49}{space 3}0.914{col 57}{space 4}-4.744909{col 70}{space 3} 5.298719
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} .3005377{col 29}{space 2} 2.790872{col 40}{space 1}    0.11{col 49}{space 3}0.914{col 57}{space 4}-5.185317{col 70}{space 3} 5.786392
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-.1571157{col 29}{space 2} 2.416983{col 40}{space 1}   -0.07{col 49}{space 3}0.948{col 57}{space 4}-4.908038{col 70}{space 3} 4.593806
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 12.17842{col 29}{space 2} 3.517433{col 40}{space 1}    3.46{col 49}{space 3}0.001{col 57}{space 4} 5.264406{col 70}{space 3} 19.09243
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 4.297626{col 29}{space 2} 3.365261{col 40}{space 1}    1.28{col 49}{space 3}0.202{col 57}{space 4}-2.317272{col 70}{space 3} 10.91252
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 2.582195{col 29}{space 2} 3.071062{col 40}{space 1}    0.84{col 49}{space 3}0.401{col 57}{space 4}-3.454412{col 70}{space 3} 8.618803
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.875093{col 29}{space 2}  3.15602{col 40}{space 1}    0.59{col 49}{space 3}0.553{col 57}{space 4}-4.328512{col 70}{space 3} 8.078699
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-1.107427{col 29}{space 2} 3.745594{col 40}{space 1}   -0.30{col 49}{space 3}0.768{col 57}{space 4}-8.469923{col 70}{space 3} 6.255069
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 1.995164{col 29}{space 2} 3.376918{col 40}{space 1}    0.59{col 49}{space 3}0.555{col 57}{space 4}-4.642648{col 70}{space 3} 8.632975
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 2.735135{col 29}{space 2} 3.931058{col 40}{space 1}    0.70{col 49}{space 3}0.487{col 57}{space 4}-4.991917{col 70}{space 3} 10.46219
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 1.098501{col 29}{space 2} 3.601196{col 40}{space 1}    0.31{col 49}{space 3}0.760{col 57}{space 4} -5.98016{col 70}{space 3} 8.177162
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 4.936684{col 29}{space 2} 4.258432{col 40}{space 1}    1.16{col 49}{space 3}0.247{col 57}{space 4}-3.433867{col 70}{space 3} 13.30724
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 3.892595{col 29}{space 2} 3.774109{col 40}{space 1}    1.03{col 49}{space 3}0.303{col 57}{space 4}-3.525951{col 70}{space 3} 11.31114
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 4.158079{col 29}{space 2} 4.260134{col 40}{space 1}    0.98{col 49}{space 3}0.330{col 57}{space 4}-4.215819{col 70}{space 3} 12.53198
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}  3.51625{col 29}{space 2}  4.12525{col 40}{space 1}    0.85{col 49}{space 3}0.394{col 57}{space 4}-4.592515{col 70}{space 3} 11.62501
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 2.440311{col 29}{space 2} 4.691667{col 40}{space 1}    0.52{col 49}{space 3}0.603{col 57}{space 4}-6.781827{col 70}{space 3} 11.66245
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}   3.9589{col 29}{space 2} 4.565426{col 40}{space 1}    0.87{col 49}{space 3}0.386{col 57}{space 4}-5.015091{col 70}{space 3} 12.93289
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 1.128103{col 29}{space 2} 5.223721{col 40}{space 1}    0.22{col 49}{space 3}0.829{col 57}{space 4}-9.139861{col 70}{space 3} 11.39607
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}  4.58524{col 29}{space 2} 5.185256{col 40}{space 1}    0.88{col 49}{space 3}0.377{col 57}{space 4}-5.607115{col 70}{space 3}  14.7776
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2} .5587258{col 29}{space 2} 5.720535{col 40}{space 1}    0.10{col 49}{space 3}0.922{col 57}{space 4} -10.6858{col 70}{space 3} 11.80325
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict klarnerranneyhatallpost if year>1980 & nonsouth==0
{txt}(option xb assumed; fitted values)
(2,859 missing values generated)

{com}. 
. 
. *
.  
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.klarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney = 0{p_end}

{txt}       F(  1,   419) ={res}   32.42
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENIETY) *
. 
. test l.klarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.klarnerranney = 0{p_end}

{txt}       F(  2,   419) ={res}   16.91
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} .0018882{col 26}{space 2} .0021614{col 37}{space 1}    0.87{col 46}{space 3}0.383{col 54}{space 4}-.0023604{col 67}{space 3} .0061367
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} .0025124{col 26}{space 2} .0032876{col 37}{space 1}    0.76{col 46}{space 3}0.445{col 54}{space 4}-.0039312{col 67}{space 3}  .008956
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum real_pc_inc_ann  if klarnerranneyhatallpost !=. & year > 1980 & nonsouth==0, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 9164.067       8530.043
{txt} 5%    {res}  9999.05       8604.584
{txt}10%    {res} 10686.35       8624.711       {txt}Obs         {res}        480
{txt}25%    {res} 12148.72       9026.411       {txt}Sum of Wgt. {res}        480

{txt}50%    {res} 13989.87                      {txt}Mean          {res} 14128.22
                        {txt}Largest       Std. Dev.     {res} 2743.435
{txt}75%    {res} 15914.87       22251.78
{txt}90%    {res} 17515.28       22482.09       {txt}Variance      {res}  7526434
{txt}95%    {res} 18853.42       22589.98       {txt}Skewness      {res} .4725083
{txt}99%    {res}  22192.4       22695.73       {txt}Kurtosis      {res} 3.086701
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF  real_pc_inc_ann ON klarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*15294.64   -  (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])*11966

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / -_b[l.klarnerranney])*15294.64 - (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])*11966

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 8.362845{col 26}{space 2} 10.94322{col 37}{space 1}    0.76{col 46}{space 3}0.445{col 54}{space 4}-13.08547{col 67}{space 3} 29.81116
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. restore 
{txt}
{com}. 
. 
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. 
. 
. 
. preserve
{txt}
{com}. 
. 
. 
. 
. 
. 
. 
. //(4,3)  MODEL
. 
. 
. 
. 
. *** III.A: NEW SOUTH STATES (N = 5): FULL TIME PERIOD (1942 -2010) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if newsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       455{col 27}-3268.505{col 38}-2900.219{col 49}    93{col 58} 5986.438{col 69} 6369.626
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       455
{txt}maximum lag: {res}8{col 49}{txt}F( 92,       362){col 67}= {res}     77.83
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.0255572{col 34}{space 2} .0226573{col 45}{space 1}   -1.13{col 54}{space 3}0.260{col 62}{space 4}-.0701136{col 75}{space 3} .0189993
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}  .017083{col 34}{space 2} .7710973{col 45}{space 1}    0.02{col 54}{space 3}0.982{col 62}{space 4} -1.49931{col 75}{space 3} 1.533476
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .1206462{col 34}{space 2} .0872816{col 45}{space 1}    1.38{col 54}{space 3}0.168{col 62}{space 4}-.0509965{col 75}{space 3} .2922889
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2} -1.12147{col 34}{space 2} 1.414186{col 45}{space 1}   -0.79{col 54}{space 3}0.428{col 62}{space 4}-3.902522{col 75}{space 3} 1.659583
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .0787164{col 34}{space 2} .0714066{col 45}{space 1}    1.10{col 54}{space 3}0.271{col 62}{space 4}-.0617075{col 75}{space 3} .2191404
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .7439357{col 34}{space 2} 1.197435{col 45}{space 1}    0.62{col 54}{space 3}0.535{col 62}{space 4}-1.610867{col 75}{space 3} 3.098738
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}  .031939{col 34}{space 2} .0753007{col 45}{space 1}    0.42{col 54}{space 3}0.672{col 62}{space 4}-.1161427{col 75}{space 3} .1800206
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .0235863{col 34}{space 2} 1.305591{col 45}{space 1}    0.02{col 54}{space 3}0.986{col 62}{space 4}-2.543909{col 75}{space 3} 2.591081
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-326.7944{col 34}{space 2} 371.3373{col 45}{space 1}   -0.88{col 54}{space 3}0.379{col 62}{space 4}-1057.044{col 75}{space 3} 403.4549
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-402.3294{col 34}{space 2} 457.3902{col 45}{space 1}   -0.88{col 54}{space 3}0.380{col 62}{space 4}-1301.805{col 75}{space 3} 497.1463
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-41.69331{col 34}{space 2} 52.28584{col 45}{space 1}   -0.80{col 54}{space 3}0.426{col 62}{space 4}-144.5154{col 75}{space 3} 61.12882
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 186.6197{col 34}{space 2}  138.119{col 45}{space 1}    1.35{col 54}{space 3}0.177{col 62}{space 4}-84.99662{col 75}{space 3}  458.236
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 457.6977{col 34}{space 2} 419.6859{col 45}{space 1}    1.09{col 54}{space 3}0.276{col 62}{space 4}-367.6309{col 75}{space 3} 1283.026
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-1713.721{col 34}{space 2} 888.0413{col 45}{space 1}   -1.93{col 54}{space 3}0.054{col 62}{space 4}-3460.089{col 75}{space 3} 32.64705
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-234.4762{col 34}{space 2} 603.2528{col 45}{space 1}   -0.39{col 54}{space 3}0.698{col 62}{space 4}-1420.796{col 75}{space 3} 951.8438
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 2530.526{col 34}{space 2} 1453.855{col 45}{space 1}    1.74{col 54}{space 3}0.083{col 62}{space 4}-328.5376{col 75}{space 3} 5389.589
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-20.58013{col 34}{space 2}  38.3238{col 45}{space 1}   -0.54{col 54}{space 3}0.592{col 62}{space 4}-95.94537{col 75}{space 3} 54.78511
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 35.22009{col 34}{space 2} 60.17639{col 45}{space 1}    0.59{col 54}{space 3}0.559{col 62}{space 4}-83.11911{col 75}{space 3} 153.5593
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 2.459318{col 34}{space 2} 39.15567{col 45}{space 1}    0.06{col 54}{space 3}0.950{col 62}{space 4}-74.54182{col 75}{space 3} 79.46046
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} .5801168{col 34}{space 2}  57.0536{col 45}{space 1}    0.01{col 54}{space 3}0.992{col 62}{space 4} -111.618{col 75}{space 3} 112.7782
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}  66.6776{col 34}{space 2} 63.16797{col 45}{space 1}    1.06{col 54}{space 3}0.292{col 62}{space 4}-57.54466{col 75}{space 3} 190.8999
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-202.0377{col 34}{space 2} 115.9502{col 45}{space 1}   -1.74{col 54}{space 3}0.082{col 62}{space 4}-430.0584{col 75}{space 3} 25.98294
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 17}12  {c |}{col 22}{res}{space 2} -18.0101{col 34}{space 2} 79.62766{col 45}{space 1}   -0.23{col 54}{space 3}0.821{col 62}{space 4} -174.601{col 75}{space 3} 138.5808
{txt}{space 17}13  {c |}{col 22}{res}{space 2}-57.30283{col 34}{space 2} 105.9719{col 45}{space 1}   -0.54{col 54}{space 3}0.589{col 62}{space 4}-265.7006{col 75}{space 3}  151.095
{txt}{space 17}24  {c |}{col 22}{res}{space 2}  65.3994{col 34}{space 2} 42.24773{col 45}{space 1}    1.55{col 54}{space 3}0.122{col 62}{space 4} -17.6824{col 75}{space 3} 148.4812
{txt}{space 17}37  {c |}{col 22}{res}{space 2}-46.91733{col 34}{space 2} 101.5988{col 45}{space 1}   -0.46{col 54}{space 3}0.645{col 62}{space 4}-246.7154{col 75}{space 3} 152.8807
{txt}{space 17}48  {c |}{col 22}{res}{space 2}-71.49907{col 34}{space 2} 89.41211{col 45}{space 1}   -0.80{col 54}{space 3}0.424{col 62}{space 4}-247.3314{col 75}{space 3} 104.3333
{txt}{space 17}51  {c |}{col 22}{res}{space 2} 67.90214{col 34}{space 2} 70.71401{col 45}{space 1}    0.96{col 54}{space 3}0.338{col 62}{space 4} -71.1597{col 75}{space 3}  206.964
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1947  {c |}{col 22}{res}{space 2} 30.93861{col 34}{space 2} 120.9237{col 45}{space 1}    0.26{col 54}{space 3}0.798{col 62}{space 4}-206.8625{col 75}{space 3} 268.7397
{txt}{space 15}1948  {c |}{col 22}{res}{space 2} 510.1268{col 34}{space 2} 172.5251{col 45}{space 1}    2.96{col 54}{space 3}0.003{col 62}{space 4} 170.8495{col 75}{space 3} 849.4041
{txt}{space 15}1949  {c |}{col 22}{res}{space 2} 716.9575{col 34}{space 2} 187.4832{col 45}{space 1}    3.82{col 54}{space 3}0.000{col 62}{space 4} 348.2644{col 75}{space 3} 1085.651
{txt}{space 15}1950  {c |}{col 22}{res}{space 2} 1005.171{col 34}{space 2} 156.8271{col 45}{space 1}    6.41{col 54}{space 3}0.000{col 62}{space 4} 696.7644{col 75}{space 3} 1313.578
{txt}{space 15}1951  {c |}{col 22}{res}{space 2} 572.0304{col 34}{space 2} 114.0184{col 45}{space 1}    5.02{col 54}{space 3}0.000{col 62}{space 4} 347.8088{col 75}{space 3} 796.2519
{txt}{space 15}1952  {c |}{col 22}{res}{space 2} 744.1993{col 34}{space 2} 114.3322{col 45}{space 1}    6.51{col 54}{space 3}0.000{col 62}{space 4} 519.3606{col 75}{space 3}  969.038
{txt}{space 15}1953  {c |}{col 22}{res}{space 2} 666.1247{col 34}{space 2} 118.4329{col 45}{space 1}    5.62{col 54}{space 3}0.000{col 62}{space 4} 433.2218{col 75}{space 3} 899.0276
{txt}{space 15}1954  {c |}{col 22}{res}{space 2} 496.7829{col 34}{space 2} 110.7218{col 45}{space 1}    4.49{col 54}{space 3}0.000{col 62}{space 4} 279.0443{col 75}{space 3} 714.5216
{txt}{space 15}1955  {c |}{col 22}{res}{space 2} 969.2737{col 34}{space 2} 103.9642{col 45}{space 1}    9.32{col 54}{space 3}0.000{col 62}{space 4}  764.824{col 75}{space 3} 1173.723
{txt}{space 15}1956  {c |}{col 22}{res}{space 2}  856.138{col 34}{space 2} 119.2498{col 45}{space 1}    7.18{col 54}{space 3}0.000{col 62}{space 4} 621.6286{col 75}{space 3} 1090.647
{txt}{space 15}1957  {c |}{col 22}{res}{space 2}  381.405{col 34}{space 2} 141.8338{col 45}{space 1}    2.69{col 54}{space 3}0.007{col 62}{space 4} 102.4833{col 75}{space 3} 660.3266
{txt}{space 15}1958  {c |}{col 22}{res}{space 2} 510.6075{col 34}{space 2} 114.2143{col 45}{space 1}    4.47{col 54}{space 3}0.000{col 62}{space 4} 286.0006{col 75}{space 3} 735.2143
{txt}{space 15}1959  {c |}{col 22}{res}{space 2} 844.4775{col 34}{space 2} 111.8615{col 45}{space 1}    7.55{col 54}{space 3}0.000{col 62}{space 4} 624.4977{col 75}{space 3} 1064.457
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 660.2398{col 34}{space 2} 122.3783{col 45}{space 1}    5.40{col 54}{space 3}0.000{col 62}{space 4} 419.5781{col 75}{space 3} 900.9014
{txt}{space 15}1961  {c |}{col 22}{res}{space 2}  703.816{col 34}{space 2}  114.344{col 45}{space 1}    6.16{col 54}{space 3}0.000{col 62}{space 4}  478.954{col 75}{space 3}  928.678
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 824.9491{col 34}{space 2}  101.639{col 45}{space 1}    8.12{col 54}{space 3}0.000{col 62}{space 4}  625.072{col 75}{space 3} 1024.826
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 810.3422{col 34}{space 2} 113.5838{col 45}{space 1}    7.13{col 54}{space 3}0.000{col 62}{space 4} 586.9752{col 75}{space 3} 1033.709
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 972.7719{col 34}{space 2} 112.2624{col 45}{space 1}    8.67{col 54}{space 3}0.000{col 62}{space 4} 752.0036{col 75}{space 3}  1193.54
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 985.7592{col 34}{space 2} 120.5729{col 45}{space 1}    8.18{col 54}{space 3}0.000{col 62}{space 4} 748.6479{col 75}{space 3} 1222.871
{txt}{space 15}1966  {c |}{col 22}{res}{space 2} 919.4888{col 34}{space 2}  124.428{col 45}{space 1}    7.39{col 54}{space 3}0.000{col 62}{space 4} 674.7963{col 75}{space 3} 1164.181
{txt}{space 15}1967  {c |}{col 22}{res}{space 2} 974.6303{col 34}{space 2} 116.1866{col 45}{space 1}    8.39{col 54}{space 3}0.000{col 62}{space 4} 746.1449{col 75}{space 3} 1203.116
{txt}{space 15}1968  {c |}{col 22}{res}{space 2} 1027.632{col 34}{space 2} 119.1882{col 45}{space 1}    8.62{col 54}{space 3}0.000{col 62}{space 4} 793.2433{col 75}{space 3}  1262.02
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 1023.625{col 34}{space 2} 136.3755{col 45}{space 1}    7.51{col 54}{space 3}0.000{col 62}{space 4} 755.4378{col 75}{space 3} 1291.813
{txt}{space 15}1970  {c |}{col 22}{res}{space 2} 741.1591{col 34}{space 2} 130.9245{col 45}{space 1}    5.66{col 54}{space 3}0.000{col 62}{space 4} 483.6909{col 75}{space 3} 998.6272
{txt}{space 15}1971  {c |}{col 22}{res}{space 2} 876.7382{col 34}{space 2} 127.9882{col 45}{space 1}    6.85{col 54}{space 3}0.000{col 62}{space 4} 625.0444{col 75}{space 3} 1128.432
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 1230.627{col 34}{space 2} 139.2928{col 45}{space 1}    8.83{col 54}{space 3}0.000{col 62}{space 4} 956.7024{col 75}{space 3} 1504.552
{txt}{space 15}1973  {c |}{col 22}{res}{space 2} 1095.405{col 34}{space 2} 149.6946{col 45}{space 1}    7.32{col 54}{space 3}0.000{col 62}{space 4} 801.0248{col 75}{space 3} 1389.785
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 358.7109{col 34}{space 2} 159.8045{col 45}{space 1}    2.24{col 54}{space 3}0.025{col 62}{space 4} 44.44925{col 75}{space 3} 672.9726
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 430.1757{col 34}{space 2} 165.0996{col 45}{space 1}    2.61{col 54}{space 3}0.010{col 62}{space 4}  105.501{col 75}{space 3} 754.8505
{txt}{space 15}1976  {c |}{col 22}{res}{space 2} 1102.211{col 34}{space 2} 168.8548{col 45}{space 1}    6.53{col 54}{space 3}0.000{col 62}{space 4} 770.1516{col 75}{space 3} 1434.271
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 902.6205{col 34}{space 2} 187.4588{col 45}{space 1}    4.82{col 54}{space 3}0.000{col 62}{space 4} 533.9754{col 75}{space 3} 1271.266
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 1050.015{col 34}{space 2} 200.1252{col 45}{space 1}    5.25{col 54}{space 3}0.000{col 62}{space 4} 656.4612{col 75}{space 3} 1443.569
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 581.4257{col 34}{space 2} 177.7012{col 45}{space 1}    3.27{col 54}{space 3}0.001{col 62}{space 4} 231.9694{col 75}{space 3}  930.882
{txt}{space 15}1980  {c |}{col 22}{res}{space 2} 525.4502{col 34}{space 2} 188.1291{col 45}{space 1}    2.79{col 54}{space 3}0.005{col 62}{space 4} 155.4871{col 75}{space 3} 895.4133
{txt}{space 15}1981  {c |}{col 22}{res}{space 2} 848.6939{col 34}{space 2} 208.2619{col 45}{space 1}    4.08{col 54}{space 3}0.000{col 62}{space 4} 439.1388{col 75}{space 3} 1258.249
{txt}{space 15}1982  {c |}{col 22}{res}{space 2} 775.8004{col 34}{space 2} 192.1545{col 45}{space 1}    4.04{col 54}{space 3}0.000{col 62}{space 4} 397.9212{col 75}{space 3}  1153.68
{txt}{space 15}1983  {c |}{col 22}{res}{space 2} 1091.185{col 34}{space 2} 186.2312{col 45}{space 1}    5.86{col 54}{space 3}0.000{col 62}{space 4} 724.9544{col 75}{space 3} 1457.416
{txt}{space 15}1984  {c |}{col 22}{res}{space 2} 1320.502{col 34}{space 2} 185.9024{col 45}{space 1}    7.10{col 54}{space 3}0.000{col 62}{space 4} 954.9181{col 75}{space 3} 1686.087
{txt}{space 15}1985  {c |}{col 22}{res}{space 2}  1084.55{col 34}{space 2} 202.7461{col 45}{space 1}    5.35{col 54}{space 3}0.000{col 62}{space 4} 685.8423{col 75}{space 3} 1483.258
{txt}{space 15}1986  {c |}{col 22}{res}{space 2} 1020.881{col 34}{space 2} 183.8346{col 45}{space 1}    5.55{col 54}{space 3}0.000{col 62}{space 4} 659.3631{col 75}{space 3} 1382.399
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 889.6113{col 34}{space 2} 186.0713{col 45}{space 1}    4.78{col 54}{space 3}0.000{col 62}{space 4} 523.6948{col 75}{space 3} 1255.528
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 1091.372{col 34}{space 2} 205.3128{col 45}{space 1}    5.32{col 54}{space 3}0.000{col 62}{space 4} 687.6163{col 75}{space 3} 1495.128
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 1021.105{col 34}{space 2} 229.4885{col 45}{space 1}    4.45{col 54}{space 3}0.000{col 62}{space 4} 569.8072{col 75}{space 3} 1472.403
{txt}{space 15}1990  {c |}{col 22}{res}{space 2} 562.9782{col 34}{space 2} 254.9156{col 45}{space 1}    2.21{col 54}{space 3}0.028{col 62}{space 4} 61.67673{col 75}{space 3}  1064.28
{txt}{space 15}1991  {c |}{col 22}{res}{space 2} 572.4092{col 34}{space 2} 233.2837{col 45}{space 1}    2.45{col 54}{space 3}0.015{col 62}{space 4} 113.6478{col 75}{space 3} 1031.171
{txt}{space 15}1992  {c |}{col 22}{res}{space 2} 981.5133{col 34}{space 2} 253.6329{col 45}{space 1}    3.87{col 54}{space 3}0.000{col 62}{space 4} 482.7343{col 75}{space 3} 1480.292
{txt}{space 15}1993  {c |}{col 22}{res}{space 2} 821.0698{col 34}{space 2} 248.4329{col 45}{space 1}    3.30{col 54}{space 3}0.001{col 62}{space 4} 332.5169{col 75}{space 3} 1309.623
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 904.3057{col 34}{space 2} 248.0733{col 45}{space 1}    3.65{col 54}{space 3}0.000{col 62}{space 4}   416.46{col 75}{space 3} 1392.151
{txt}{space 15}1995  {c |}{col 22}{res}{space 2} 951.1367{col 34}{space 2} 227.5523{col 45}{space 1}    4.18{col 54}{space 3}0.000{col 62}{space 4} 503.6462{col 75}{space 3} 1398.627
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 1017.771{col 34}{space 2} 235.9045{col 45}{space 1}    4.31{col 54}{space 3}0.000{col 62}{space 4} 553.8552{col 75}{space 3} 1481.686
{txt}{space 15}1997  {c |}{col 22}{res}{space 2}  1061.69{col 34}{space 2} 248.9757{col 45}{space 1}    4.26{col 54}{space 3}0.000{col 62}{space 4} 572.0692{col 75}{space 3}  1551.31
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 1410.392{col 34}{space 2}  234.575{col 45}{space 1}    6.01{col 54}{space 3}0.000{col 62}{space 4} 949.0914{col 75}{space 3} 1871.693
{txt}{space 15}1999  {c |}{col 22}{res}{space 2} 946.3677{col 34}{space 2} 243.1992{col 45}{space 1}    3.89{col 54}{space 3}0.000{col 62}{space 4}  468.107{col 75}{space 3} 1424.628
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 1292.607{col 34}{space 2} 250.7255{col 45}{space 1}    5.16{col 54}{space 3}0.000{col 62}{space 4} 799.5461{col 75}{space 3} 1785.669
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 803.5209{col 34}{space 2} 241.3954{col 45}{space 1}    3.33{col 54}{space 3}0.001{col 62}{space 4} 328.8075{col 75}{space 3} 1278.234
{txt}{space 15}2002  {c |}{col 22}{res}{space 2}  689.723{col 34}{space 2} 265.9451{col 45}{space 1}    2.59{col 54}{space 3}0.010{col 62}{space 4} 166.7316{col 75}{space 3} 1212.714
{txt}{space 15}2003  {c |}{col 22}{res}{space 2}  791.566{col 34}{space 2} 270.3766{col 45}{space 1}    2.93{col 54}{space 3}0.004{col 62}{space 4} 259.8599{col 75}{space 3} 1323.272
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 1310.816{col 34}{space 2} 286.6542{col 45}{space 1}    4.57{col 54}{space 3}0.000{col 62}{space 4} 747.0991{col 75}{space 3} 1874.532
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 1064.852{col 34}{space 2} 298.8307{col 45}{space 1}    3.56{col 54}{space 3}0.000{col 62}{space 4} 477.1899{col 75}{space 3} 1652.514
{txt}{space 15}2006  {c |}{col 22}{res}{space 2} 1168.035{col 34}{space 2} 274.7624{col 45}{space 1}    4.25{col 54}{space 3}0.000{col 62}{space 4} 627.7044{col 75}{space 3} 1708.366
{txt}{space 15}2007  {c |}{col 22}{res}{space 2} 912.8146{col 34}{space 2} 272.8228{col 45}{space 1}    3.35{col 54}{space 3}0.001{col 62}{space 4} 376.2979{col 75}{space 3} 1449.331
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 626.8527{col 34}{space 2} 325.1641{col 45}{space 1}    1.93{col 54}{space 3}0.055{col 62}{space 4}-12.59504{col 75}{space 3} 1266.301
{txt}{space 15}2009  {c |}{col 22}{res}{space 2}-48.99292{col 34}{space 2} 283.7558{col 45}{space 1}   -0.17{col 54}{space 3}0.863{col 62}{space 4}-607.0096{col 75}{space 3} 509.0238
{txt}{space 15}2010  {c |}{col 22}{res}{space 2} 1050.183{col 34}{space 2} 324.7373{col 45}{space 1}    3.23{col 54}{space 3}0.001{col 62}{space 4} 411.5744{col 75}{space 3} 1688.791
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2}-143.4954{col 34}{space 2} 614.3956{col 45}{space 1}   -0.23{col 54}{space 3}0.815{col 62}{space 4}-1351.728{col 75}{space 3} 1064.737
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallfull if newsouth==1
{txt}(option xb assumed; fitted values)
(2,884 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   362) ={res}    1.27
{txt}{col 13}Prob > F ={res}    0.2601
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   362) ={res}    0.74
{txt}{col 13}Prob > F ={res}    0.4774
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney  +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-.3539477{col 26}{space 2} 2.424798{col 37}{space 1}   -0.15{col 46}{space 3}0.884{col 54}{space 4}-5.122408{col 67}{space 3} 4.414513
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} .6684233{col 26}{space 2} 29.94364{col 37}{space 1}    0.02{col 46}{space 3}0.982{col 54}{space 4}-58.02004{col 67}{space 3} 59.35688
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. 
. qui regress d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if newsouth==1
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       455{col 27}-110.2778{col 38} .4730737{col 49}    87{col 58} 173.0539{col 69} 531.5197
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. *
. 
. newey d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if newsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       455
{txt}maximum lag: {res}8{col 49}{txt}F( 86,       368){col 67}= {res}      4.47
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.              {col 18}{c |}{col 30}  Newey-West
{col 1}ihsklarnerranney{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ihsklarnerranney {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} -.064983{col 30}{space 2} .0241001{col 41}{space 1}   -2.70{col 50}{space 3}0.007{col 58}{space 4}-.1123741{col 71}{space 3}-.0175919
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0000108{col 30}{space 2} .0000171{col 41}{space 1}    0.63{col 50}{space 3}0.528{col 58}{space 4}-.0000228{col 71}{space 3} .0000444
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 13}LD. {c |}{col 18}{res}{space 2}  .014476{col 30}{space 2} .0503532{col 41}{space 1}    0.29{col 50}{space 3}0.774{col 58}{space 4}-.0845402{col 71}{space 3} .1134921
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}D1. {c |}{col 18}{res}{space 2}-.0000788{col 30}{space 2} .0000639{col 41}{space 1}   -1.23{col 50}{space 3}0.218{col 58}{space 4}-.0002044{col 71}{space 3} .0000468
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2}-.3131658{col 30}{space 2} .0756379{col 41}{space 1}   -4.14{col 50}{space 3}0.000{col 58}{space 4}-.4619026{col 71}{space 3} -.164429
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} .0000638{col 30}{space 2} .0000572{col 41}{space 1}    1.11{col 50}{space 3}0.266{col 58}{space 4}-.0000487{col 71}{space 3} .0001763
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L3D. {c |}{col 18}{res}{space 2}-.0970008{col 30}{space 2} .0591847{col 41}{space 1}   -1.64{col 50}{space 3}0.102{col 58}{space 4}-.2133834{col 71}{space 3} .0193817
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2} .0000166{col 30}{space 2} .0000673{col 41}{space 1}    0.25{col 50}{space 3}0.806{col 58}{space 4}-.0001158{col 71}{space 3} .0001489
{txt}{space 16} {c |}
{space 7}gov_party {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}  -.01375{col 30}{space 2} .0424284{col 41}{space 1}   -0.32{col 50}{space 3}0.746{col 58}{space 4}-.0971826{col 71}{space 3} .0696826
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0227477{col 30}{space 2} .0341732{col 41}{space 1}   -0.67{col 50}{space 3}0.506{col 58}{space 4}-.0899469{col 71}{space 3} .0444515
{txt}{space 16} {c |}
{space 5}dem_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0775984{col 30}{space 2} .0485484{col 41}{space 1}    1.60{col 50}{space 3}0.111{col 58}{space 4}-.0178687{col 71}{space 3} .1730655
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0199576{col 30}{space 2} .0488668{col 41}{space 1}   -0.41{col 50}{space 3}0.683{col 58}{space 4}-.1160508{col 71}{space 3} .0761356
{txt}{space 16} {c |}
{space 5}rep_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0490786{col 30}{space 2} .0545007{col 41}{space 1}    0.90{col 50}{space 3}0.368{col 58}{space 4}-.0580932{col 71}{space 3} .1562504
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0651111{col 30}{space 2} .0503319{col 41}{space 1}   -1.29{col 50}{space 3}0.197{col 58}{space 4}-.1640853{col 71}{space 3} .0338632
{txt}{space 16} {c |}
{space 2}electedjudges1 {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .1400603{col 30}{space 2} .0586429{col 41}{space 1}    2.39{col 50}{space 3}0.017{col 58}{space 4} .0247431{col 71}{space 3} .2553775
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0137028{col 30}{space 2} .0482418{col 41}{space 1}   -0.28{col 50}{space 3}0.777{col 58}{space 4}-.1085669{col 71}{space 3} .0811614
{txt}{space 16} {c |}
{space 6}state_fips {c |}
{space 13}12  {c |}{col 18}{res}{space 2}-.0488989{col 30}{space 2} .0447995{col 41}{space 1}   -1.09{col 50}{space 3}0.276{col 58}{space 4}-.1369941{col 71}{space 3} .0391963
{txt}{space 13}13  {c |}{col 18}{res}{space 2}-.1841048{col 30}{space 2} .1074053{col 41}{space 1}   -1.71{col 50}{space 3}0.087{col 58}{space 4}-.3953099{col 71}{space 3} .0271002
{txt}{space 13}24  {c |}{col 18}{res}{space 2}-.1413782{col 30}{space 2} .0613167{col 41}{space 1}   -2.31{col 50}{space 3}0.022{col 58}{space 4}-.2619532{col 71}{space 3}-.0208032
{txt}{space 13}37  {c |}{col 18}{res}{space 2}-.1672106{col 30}{space 2} .0941007{col 41}{space 1}   -1.78{col 50}{space 3}0.076{col 58}{space 4}-.3522533{col 71}{space 3}  .017832
{txt}{space 13}48  {c |}{col 18}{res}{space 2}-.1813798{col 30}{space 2} .1030345{col 41}{space 1}   -1.76{col 50}{space 3}0.079{col 58}{space 4}-.3839901{col 71}{space 3} .0212304
{txt}{space 13}51  {c |}{col 18}{res}{space 2}-.0187839{col 30}{space 2} .0406144{col 41}{space 1}   -0.46{col 50}{space 3}0.644{col 58}{space 4}-.0986493{col 71}{space 3} .0610815
{txt}{space 16} {c |}
{space 12}year {c |}
{space 11}1947  {c |}{col 18}{res}{space 2} .0216361{col 30}{space 2} .1297489{col 41}{space 1}    0.17{col 50}{space 3}0.868{col 58}{space 4}-.2335062{col 71}{space 3} .2767784
{txt}{space 11}1948  {c |}{col 18}{res}{space 2} .0149154{col 30}{space 2} .0987146{col 41}{space 1}    0.15{col 50}{space 3}0.880{col 58}{space 4}-.1792001{col 71}{space 3} .2090308
{txt}{space 11}1949  {c |}{col 18}{res}{space 2}-.0309015{col 30}{space 2} .1607753{col 41}{space 1}   -0.19{col 50}{space 3}0.848{col 58}{space 4} -.347055{col 71}{space 3} .2852521
{txt}{space 11}1950  {c |}{col 18}{res}{space 2} .0107025{col 30}{space 2} .1073247{col 41}{space 1}    0.10{col 50}{space 3}0.921{col 58}{space 4}-.2003441{col 71}{space 3} .2217491
{txt}{space 11}1951  {c |}{col 18}{res}{space 2} .1015349{col 30}{space 2}  .312488{col 41}{space 1}    0.32{col 50}{space 3}0.745{col 58}{space 4}-.5129513{col 71}{space 3} .7160211
{txt}{space 11}1952  {c |}{col 18}{res}{space 2} .0279823{col 30}{space 2} .0941028{col 41}{space 1}    0.30{col 50}{space 3}0.766{col 58}{space 4}-.1570643{col 71}{space 3} .2130289
{txt}{space 11}1953  {c |}{col 18}{res}{space 2} .2911567{col 30}{space 2} .2546346{col 41}{space 1}    1.14{col 50}{space 3}0.254{col 58}{space 4}-.2095647{col 71}{space 3} .7918781
{txt}{space 11}1954  {c |}{col 18}{res}{space 2} .0278747{col 30}{space 2} .0897642{col 41}{space 1}    0.31{col 50}{space 3}0.756{col 58}{space 4}-.1486404{col 71}{space 3} .2043897
{txt}{space 11}1955  {c |}{col 18}{res}{space 2} .0104488{col 30}{space 2} .1953782{col 41}{space 1}    0.05{col 50}{space 3}0.957{col 58}{space 4} -.373749{col 71}{space 3} .3946467
{txt}{space 11}1956  {c |}{col 18}{res}{space 2} .0283941{col 30}{space 2} .1091297{col 41}{space 1}    0.26{col 50}{space 3}0.795{col 58}{space 4}-.1862019{col 71}{space 3} .2429901
{txt}{space 11}1957  {c |}{col 18}{res}{space 2} .0426922{col 30}{space 2} .0992902{col 41}{space 1}    0.43{col 50}{space 3}0.667{col 58}{space 4}-.1525551{col 71}{space 3} .2379395
{txt}{space 11}1958  {c |}{col 18}{res}{space 2} .0054588{col 30}{space 2} .0949187{col 41}{space 1}    0.06{col 50}{space 3}0.954{col 58}{space 4}-.1811923{col 71}{space 3} .1921099
{txt}{space 11}1959  {c |}{col 18}{res}{space 2}-.2843262{col 30}{space 2} .2273102{col 41}{space 1}   -1.25{col 50}{space 3}0.212{col 58}{space 4}-.7313161{col 71}{space 3} .1626637
{txt}{space 11}1960  {c |}{col 18}{res}{space 2} -.011035{col 30}{space 2} .1100246{col 41}{space 1}   -0.10{col 50}{space 3}0.920{col 58}{space 4}-.2273907{col 71}{space 3} .2053208
{txt}{space 11}1961  {c |}{col 18}{res}{space 2} .0926605{col 30}{space 2} .1748084{col 41}{space 1}    0.53{col 50}{space 3}0.596{col 58}{space 4}-.2510883{col 71}{space 3} .4364092
{txt}{space 11}1962  {c |}{col 18}{res}{space 2} .0840239{col 30}{space 2} .1841531{col 41}{space 1}    0.46{col 50}{space 3}0.648{col 58}{space 4}-.2781006{col 71}{space 3} .4461484
{txt}{space 11}1963  {c |}{col 18}{res}{space 2} .5275155{col 30}{space 2} .1728425{col 41}{space 1}    3.05{col 50}{space 3}0.002{col 58}{space 4} .1876326{col 71}{space 3} .8673985
{txt}{space 11}1964  {c |}{col 18}{res}{space 2} .2715608{col 30}{space 2} .1336881{col 41}{space 1}    2.03{col 50}{space 3}0.043{col 58}{space 4} .0086723{col 71}{space 3} .5344492
{txt}{space 11}1965  {c |}{col 18}{res}{space 2}-.0734312{col 30}{space 2} .3506808{col 41}{space 1}   -0.21{col 50}{space 3}0.834{col 58}{space 4}-.7630208{col 71}{space 3} .6161584
{txt}{space 11}1966  {c |}{col 18}{res}{space 2} .1751625{col 30}{space 2}  .133428{col 41}{space 1}    1.31{col 50}{space 3}0.190{col 58}{space 4}-.0872144{col 71}{space 3} .4375394
{txt}{space 11}1967  {c |}{col 18}{res}{space 2} .6114723{col 30}{space 2} .2427668{col 41}{space 1}    2.52{col 50}{space 3}0.012{col 58}{space 4} .1340882{col 71}{space 3} 1.088857
{txt}{space 11}1968  {c |}{col 18}{res}{space 2}  .217769{col 30}{space 2} .1355763{col 41}{space 1}    1.61{col 50}{space 3}0.109{col 58}{space 4}-.0488325{col 71}{space 3} .4843705
{txt}{space 11}1969  {c |}{col 18}{res}{space 2} .2880669{col 30}{space 2} .1750998{col 41}{space 1}    1.65{col 50}{space 3}0.101{col 58}{space 4}-.0562549{col 71}{space 3} .6323887
{txt}{space 11}1970  {c |}{col 18}{res}{space 2} .2198242{col 30}{space 2} .1394224{col 41}{space 1}    1.58{col 50}{space 3}0.116{col 58}{space 4}-.0543404{col 71}{space 3} .4939887
{txt}{space 11}1971  {c |}{col 18}{res}{space 2} .0339811{col 30}{space 2} .1361962{col 41}{space 1}    0.25{col 50}{space 3}0.803{col 58}{space 4}-.2338394{col 71}{space 3} .3018016
{txt}{space 11}1972  {c |}{col 18}{res}{space 2} .1258148{col 30}{space 2} .1556583{col 41}{space 1}    0.81{col 50}{space 3}0.419{col 58}{space 4}-.1802766{col 71}{space 3} .4319062
{txt}{space 11}1973  {c |}{col 18}{res}{space 2} .3198712{col 30}{space 2} .1517257{col 41}{space 1}    2.11{col 50}{space 3}0.036{col 58}{space 4} .0215129{col 71}{space 3} .6182294
{txt}{space 11}1974  {c |}{col 18}{res}{space 2} .0523628{col 30}{space 2} .1283683{col 41}{space 1}    0.41{col 50}{space 3}0.684{col 58}{space 4}-.2000645{col 71}{space 3} .3047902
{txt}{space 11}1975  {c |}{col 18}{res}{space 2}-.2338936{col 30}{space 2} .2537004{col 41}{space 1}   -0.92{col 50}{space 3}0.357{col 58}{space 4}-.7327781{col 71}{space 3} .2649908
{txt}{space 11}1976  {c |}{col 18}{res}{space 2} .1340147{col 30}{space 2} .1789039{col 41}{space 1}    0.75{col 50}{space 3}0.454{col 58}{space 4}-.2177875{col 71}{space 3} .4858169
{txt}{space 11}1977  {c |}{col 18}{res}{space 2}-.0497244{col 30}{space 2} .1665183{col 41}{space 1}   -0.30{col 50}{space 3}0.765{col 58}{space 4}-.3771712{col 71}{space 3} .2777223
{txt}{space 11}1978  {c |}{col 18}{res}{space 2} .0449943{col 30}{space 2} .1608994{col 41}{space 1}    0.28{col 50}{space 3}0.780{col 58}{space 4}-.2714033{col 71}{space 3} .3613918
{txt}{space 11}1979  {c |}{col 18}{res}{space 2} .1741692{col 30}{space 2} .1913931{col 41}{space 1}    0.91{col 50}{space 3}0.363{col 58}{space 4}-.2021921{col 71}{space 3} .5505305
{txt}{space 11}1980  {c |}{col 18}{res}{space 2} .1327697{col 30}{space 2} .1487495{col 41}{space 1}    0.89{col 50}{space 3}0.373{col 58}{space 4}-.1597359{col 71}{space 3} .4252753
{txt}{space 11}1981  {c |}{col 18}{res}{space 2} .3461007{col 30}{space 2} .2002149{col 41}{space 1}    1.73{col 50}{space 3}0.085{col 58}{space 4}-.0476082{col 71}{space 3} .7398095
{txt}{space 11}1982  {c |}{col 18}{res}{space 2} .1639359{col 30}{space 2}  .173107{col 41}{space 1}    0.95{col 50}{space 3}0.344{col 58}{space 4}-.1764671{col 71}{space 3}  .504339
{txt}{space 11}1983  {c |}{col 18}{res}{space 2} .0503784{col 30}{space 2} .1736317{col 41}{space 1}    0.29{col 50}{space 3}0.772{col 58}{space 4}-.2910565{col 71}{space 3} .3918133
{txt}{space 11}1984  {c |}{col 18}{res}{space 2} .1431094{col 30}{space 2} .1813493{col 41}{space 1}    0.79{col 50}{space 3}0.431{col 58}{space 4}-.2135015{col 71}{space 3} .4997202
{txt}{space 11}1985  {c |}{col 18}{res}{space 2} .2170946{col 30}{space 2} .1912753{col 41}{space 1}    1.13{col 50}{space 3}0.257{col 58}{space 4}-.1590351{col 71}{space 3} .5932243
{txt}{space 11}1986  {c |}{col 18}{res}{space 2} .0649397{col 30}{space 2} .1730364{col 41}{space 1}    0.38{col 50}{space 3}0.708{col 58}{space 4}-.2753245{col 71}{space 3} .4052038
{txt}{space 11}1987  {c |}{col 18}{res}{space 2}  .187794{col 30}{space 2}    .1829{col 41}{space 1}    1.03{col 50}{space 3}0.305{col 58}{space 4}-.1718662{col 71}{space 3} .5474542
{txt}{space 11}1988  {c |}{col 18}{res}{space 2} .1254845{col 30}{space 2} .1892238{col 41}{space 1}    0.66{col 50}{space 3}0.508{col 58}{space 4}-.2466111{col 71}{space 3}   .49758
{txt}{space 11}1989  {c |}{col 18}{res}{space 2}  .208334{col 30}{space 2} .2040774{col 41}{space 1}    1.02{col 50}{space 3}0.308{col 58}{space 4}-.1929702{col 71}{space 3} .6096382
{txt}{space 11}1990  {c |}{col 18}{res}{space 2} .0803312{col 30}{space 2} .1885642{col 41}{space 1}    0.43{col 50}{space 3}0.670{col 58}{space 4}-.2904674{col 71}{space 3} .4511299
{txt}{space 11}1991  {c |}{col 18}{res}{space 2}   .14563{col 30}{space 2} .1972572{col 41}{space 1}    0.74{col 50}{space 3}0.461{col 58}{space 4}-.2422627{col 71}{space 3} .5335228
{txt}{space 11}1992  {c |}{col 18}{res}{space 2} .1958605{col 30}{space 2} .2214164{col 41}{space 1}    0.88{col 50}{space 3}0.377{col 58}{space 4}-.2395397{col 71}{space 3} .6312607
{txt}{space 11}1993  {c |}{col 18}{res}{space 2} .1674363{col 30}{space 2} .2170422{col 41}{space 1}    0.77{col 50}{space 3}0.441{col 58}{space 4}-.2593623{col 71}{space 3} .5942348
{txt}{space 11}1994  {c |}{col 18}{res}{space 2} .1473196{col 30}{space 2} .2058151{col 41}{space 1}    0.72{col 50}{space 3}0.475{col 58}{space 4}-.2574016{col 71}{space 3} .5520408
{txt}{space 11}1995  {c |}{col 18}{res}{space 2}  .347913{col 30}{space 2}  .223684{col 41}{space 1}    1.56{col 50}{space 3}0.121{col 58}{space 4}-.0919462{col 71}{space 3} .7877722
{txt}{space 11}1996  {c |}{col 18}{res}{space 2} .1585428{col 30}{space 2} .2136959{col 41}{space 1}    0.74{col 50}{space 3}0.459{col 58}{space 4}-.2616755{col 71}{space 3} .5787612
{txt}{space 11}1997  {c |}{col 18}{res}{space 2} .2252211{col 30}{space 2} .2243419{col 41}{space 1}    1.00{col 50}{space 3}0.316{col 58}{space 4}-.2159318{col 71}{space 3} .6663739
{txt}{space 11}1998  {c |}{col 18}{res}{space 2} .1848128{col 30}{space 2} .2304758{col 41}{space 1}    0.80{col 50}{space 3}0.423{col 58}{space 4}-.2684021{col 71}{space 3} .6380276
{txt}{space 11}1999  {c |}{col 18}{res}{space 2} .0477995{col 30}{space 2} .2283999{col 41}{space 1}    0.21{col 50}{space 3}0.834{col 58}{space 4}-.4013332{col 71}{space 3} .4969323
{txt}{space 11}2000  {c |}{col 18}{res}{space 2}  .122595{col 30}{space 2} .2307924{col 41}{space 1}    0.53{col 50}{space 3}0.596{col 58}{space 4}-.3312423{col 71}{space 3} .5764323
{txt}{space 11}2001  {c |}{col 18}{res}{space 2} .0335795{col 30}{space 2} .2360416{col 41}{space 1}    0.14{col 50}{space 3}0.887{col 58}{space 4}-.4305802{col 71}{space 3} .4977391
{txt}{space 11}2002  {c |}{col 18}{res}{space 2} .0366693{col 30}{space 2} .2280281{col 41}{space 1}    0.16{col 50}{space 3}0.872{col 58}{space 4}-.4117322{col 71}{space 3} .4850709
{txt}{space 11}2003  {c |}{col 18}{res}{space 2} .0838707{col 30}{space 2} .2491237{col 41}{space 1}    0.34{col 50}{space 3}0.737{col 58}{space 4} -.406014{col 71}{space 3} .5737553
{txt}{space 11}2004  {c |}{col 18}{res}{space 2} .1352922{col 30}{space 2} .2651393{col 41}{space 1}    0.51{col 50}{space 3}0.610{col 58}{space 4} -.386086{col 71}{space 3} .6566703
{txt}{space 11}2005  {c |}{col 18}{res}{space 2} .0854138{col 30}{space 2} .2579885{col 41}{space 1}    0.33{col 50}{space 3}0.741{col 58}{space 4}-.4219028{col 71}{space 3} .5927304
{txt}{space 11}2006  {c |}{col 18}{res}{space 2}  .104449{col 30}{space 2} .2530862{col 41}{space 1}    0.41{col 50}{space 3}0.680{col 58}{space 4}-.3932277{col 71}{space 3} .6021256
{txt}{space 11}2007  {c |}{col 18}{res}{space 2} .0433008{col 30}{space 2} .2553292{col 41}{space 1}    0.17{col 50}{space 3}0.865{col 58}{space 4}-.4587866{col 71}{space 3} .5453882
{txt}{space 11}2008  {c |}{col 18}{res}{space 2} .0654737{col 30}{space 2} .2491153{col 41}{space 1}    0.26{col 50}{space 3}0.793{col 58}{space 4}-.4243945{col 71}{space 3} .5553419
{txt}{space 11}2009  {c |}{col 18}{res}{space 2}-.0235079{col 30}{space 2}  .253287{col 41}{space 1}   -0.09{col 50}{space 3}0.926{col 58}{space 4}-.5215794{col 71}{space 3} .4745637
{txt}{space 11}2010  {c |}{col 18}{res}{space 2} .0861469{col 30}{space 2} .2778621{col 41}{space 1}    0.31{col 50}{space 3}0.757{col 58}{space 4}-.4602498{col 71}{space 3} .6325435
{txt}{space 16} {c |}
{space 11}_cons {c |}{col 18}{res}{space 2}   .06383{col 30}{space 2} .1622009{col 41}{space 1}    0.39{col 50}{space 3}0.694{col 58}{space 4} -.255127{col 71}{space 3}  .382787
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict ihsklarnerranneyhatallfull if newsouth==1
{txt}(option xb assumed; fitted values)
(2,884 missing values generated)

{com}. 
. 
.  
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.ihsklarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney = 0{p_end}

{txt}       F(  1,   368) ={res}    7.27
{txt}{col 13}Prob > F ={res}    0.0073
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.ihsklarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.ihsklarnerranney = 0{p_end}

{txt}       F(  2,   368) ={res}    3.85
{txt}{col 13}Prob > F ={res}    0.0220
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann  +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 1.55e-06{col 26}{space 2} .0000917{col 37}{space 1}    0.02{col 46}{space 3}0.987{col 54}{space 4}-.0001788{col 67}{space 3} .0001819
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}  .000166{col 26}{space 2} .0002709{col 37}{space 1}    0.61{col 46}{space 3}0.540{col 54}{space 4}-.0003649{col 67}{space 3}  .000697
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. 
. 
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. //(4,3)  MODEL
. 
. 
. 
. 
. *** III.B: NEW SOUTH STATES (N = 5): PRE-PARTISAN ALIGNMENT TIME PERIOD (1942 - 1980) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year <=1980 & newsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       245{col 27}-1744.813{col 38} -1507.14{col 49}    63{col 58} 3140.281{col 69}  3360.86
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year <=1980 & newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       245
{txt}maximum lag: {res}6{col 49}{txt}F( 62,       182){col 67}= {res}     94.32
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.0555924{col 34}{space 2} .0609927{col 45}{space 1}   -0.91{col 54}{space 3}0.363{col 62}{space 4}-.1759361{col 75}{space 3} .0647512
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 3.639763{col 34}{space 2} 1.309054{col 45}{space 1}    2.78{col 54}{space 3}0.006{col 62}{space 4} 1.056889{col 75}{space 3} 6.222638
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .0457318{col 34}{space 2}  .147776{col 45}{space 1}    0.31{col 54}{space 3}0.757{col 62}{space 4}-.2458427{col 75}{space 3} .3373064
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-.2464982{col 34}{space 2} 1.623912{col 45}{space 1}   -0.15{col 54}{space 3}0.880{col 62}{space 4}-3.450614{col 75}{space 3} 2.957617
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-.1622387{col 34}{space 2} .0749914{col 45}{space 1}   -2.16{col 54}{space 3}0.032{col 62}{space 4} -.310203{col 75}{space 3}-.0142745
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2}-.4352935{col 34}{space 2} 1.240617{col 45}{space 1}   -0.35{col 54}{space 3}0.726{col 62}{space 4}-2.883134{col 75}{space 3} 2.012547
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2} .0617586{col 34}{space 2} .0795965{col 45}{space 1}    0.78{col 54}{space 3}0.439{col 62}{space 4}-.0952921{col 75}{space 3} .2188092
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-1.573181{col 34}{space 2}  1.54148{col 45}{space 1}   -1.02{col 54}{space 3}0.309{col 62}{space 4} -4.61465{col 75}{space 3} 1.468289
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-161.4258{col 34}{space 2} 383.4966{col 45}{space 1}   -0.42{col 54}{space 3}0.674{col 62}{space 4}-918.0968{col 75}{space 3} 595.2453
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-156.2161{col 34}{space 2} 339.2989{col 45}{space 1}   -0.46{col 54}{space 3}0.646{col 62}{space 4}-825.6813{col 75}{space 3} 513.2491
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-325.7398{col 34}{space 2} 117.0045{col 45}{space 1}   -2.78{col 54}{space 3}0.006{col 62}{space 4}-556.5996{col 75}{space 3}-94.87997
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 454.5889{col 34}{space 2} 176.9905{col 45}{space 1}    2.57{col 54}{space 3}0.011{col 62}{space 4} 105.3718{col 75}{space 3}  803.806
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 1259.286{col 34}{space 2} 533.2093{col 45}{space 1}    2.36{col 54}{space 3}0.019{col 62}{space 4} 207.2191{col 75}{space 3} 2311.353
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-1324.429{col 34}{space 2} 1343.245{col 45}{space 1}   -0.99{col 54}{space 3}0.325{col 62}{space 4}-3974.764{col 75}{space 3} 1325.906
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 68.85437{col 34}{space 2} 918.2738{col 45}{space 1}    0.07{col 54}{space 3}0.940{col 62}{space 4}-1742.977{col 75}{space 3} 1880.686
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 3218.174{col 34}{space 2} 1654.862{col 45}{space 1}    1.94{col 54}{space 3}0.053{col 62}{space 4}-47.00917{col 75}{space 3} 6483.357
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-11.30596{col 34}{space 2} 86.04887{col 45}{space 1}   -0.13{col 54}{space 3}0.896{col 62}{space 4}-181.0876{col 75}{space 3} 158.4757
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-104.7336{col 34}{space 2} 98.88691{col 45}{space 1}   -1.06{col 54}{space 3}0.291{col 62}{space 4}-299.8458{col 75}{space 3} 90.37859
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 26.41395{col 34}{space 2} 88.19394{col 45}{space 1}    0.30{col 54}{space 3}0.765{col 62}{space 4}-147.6001{col 75}{space 3}  200.428
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 102.8377{col 34}{space 2} 91.18517{col 45}{space 1}    1.13{col 54}{space 3}0.261{col 62}{space 4} -77.0783{col 75}{space 3} 282.7537
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 213.0426{col 34}{space 2} 111.1812{col 45}{space 1}    1.92{col 54}{space 3}0.057{col 62}{space 4}-6.327213{col 75}{space 3} 432.4124
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-463.2917{col 34}{space 2} 177.6144{col 45}{space 1}   -2.61{col 54}{space 3}0.010{col 62}{space 4}-813.7399{col 75}{space 3}-112.8435
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 17}12  {c |}{col 22}{res}{space 2} 388.7232{col 34}{space 2} 258.2351{col 45}{space 1}    1.51{col 54}{space 3}0.134{col 62}{space 4}-120.7962{col 75}{space 3} 898.2427
{txt}{space 17}13  {c |}{col 22}{res}{space 2} 299.3322{col 34}{space 2} 317.8047{col 45}{space 1}    0.94{col 54}{space 3}0.348{col 62}{space 4}-327.7232{col 75}{space 3} 926.3875
{txt}{space 17}24  {c |}{col 22}{res}{space 2} 151.2866{col 34}{space 2} 91.59348{col 45}{space 1}    1.65{col 54}{space 3}0.100{col 62}{space 4}-29.43508{col 75}{space 3} 332.0082
{txt}{space 17}37  {c |}{col 22}{res}{space 2}  342.527{col 34}{space 2} 342.1677{col 45}{space 1}    1.00{col 54}{space 3}0.318{col 62}{space 4}-332.5988{col 75}{space 3} 1017.653
{txt}{space 17}48  {c |}{col 22}{res}{space 2}  86.2772{col 34}{space 2} 209.5425{col 45}{space 1}    0.41{col 54}{space 3}0.681{col 62}{space 4}-327.1677{col 75}{space 3} 499.7221
{txt}{space 17}51  {c |}{col 22}{res}{space 2} 493.3375{col 34}{space 2} 263.3376{col 45}{space 1}    1.87{col 54}{space 3}0.063{col 62}{space 4}-26.24972{col 75}{space 3} 1012.925
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1947  {c |}{col 22}{res}{space 2}-69.63281{col 34}{space 2}  134.848{col 45}{space 1}   -0.52{col 54}{space 3}0.606{col 62}{space 4}-335.6992{col 75}{space 3} 196.4336
{txt}{space 15}1948  {c |}{col 22}{res}{space 2} 255.4215{col 34}{space 2} 210.7583{col 45}{space 1}    1.21{col 54}{space 3}0.227{col 62}{space 4}-160.4223{col 75}{space 3} 671.2653
{txt}{space 15}1949  {c |}{col 22}{res}{space 2} 591.4253{col 34}{space 2}  166.228{col 45}{space 1}    3.56{col 54}{space 3}0.000{col 62}{space 4} 263.4435{col 75}{space 3} 919.4071
{txt}{space 15}1950  {c |}{col 22}{res}{space 2} 1014.502{col 34}{space 2} 157.1569{col 45}{space 1}    6.46{col 54}{space 3}0.000{col 62}{space 4} 704.4183{col 75}{space 3} 1324.586
{txt}{space 15}1951  {c |}{col 22}{res}{space 2} 652.2609{col 34}{space 2} 131.7035{col 45}{space 1}    4.95{col 54}{space 3}0.000{col 62}{space 4} 392.3987{col 75}{space 3}  912.123
{txt}{space 15}1952  {c |}{col 22}{res}{space 2} 867.8513{col 34}{space 2} 132.9766{col 45}{space 1}    6.53{col 54}{space 3}0.000{col 62}{space 4} 605.4773{col 75}{space 3} 1130.225
{txt}{space 15}1953  {c |}{col 22}{res}{space 2} 706.2701{col 34}{space 2} 111.1195{col 45}{space 1}    6.36{col 54}{space 3}0.000{col 62}{space 4}  487.022{col 75}{space 3} 925.5181
{txt}{space 15}1954  {c |}{col 22}{res}{space 2} 580.5882{col 34}{space 2} 112.9616{col 45}{space 1}    5.14{col 54}{space 3}0.000{col 62}{space 4} 357.7055{col 75}{space 3} 803.4709
{txt}{space 15}1955  {c |}{col 22}{res}{space 2}  1012.92{col 34}{space 2} 97.05866{col 45}{space 1}   10.44{col 54}{space 3}0.000{col 62}{space 4} 821.4152{col 75}{space 3} 1204.425
{txt}{space 15}1956  {c |}{col 22}{res}{space 2} 893.1887{col 34}{space 2} 108.9922{col 45}{space 1}    8.19{col 54}{space 3}0.000{col 62}{space 4} 678.1379{col 75}{space 3}  1108.24
{txt}{space 15}1957  {c |}{col 22}{res}{space 2} 569.2155{col 34}{space 2} 127.8414{col 45}{space 1}    4.45{col 54}{space 3}0.000{col 62}{space 4} 316.9737{col 75}{space 3} 821.4572
{txt}{space 15}1958  {c |}{col 22}{res}{space 2} 619.8593{col 34}{space 2} 113.1558{col 45}{space 1}    5.48{col 54}{space 3}0.000{col 62}{space 4} 396.5933{col 75}{space 3} 843.1253
{txt}{space 15}1959  {c |}{col 22}{res}{space 2} 880.6775{col 34}{space 2} 118.5386{col 45}{space 1}    7.43{col 54}{space 3}0.000{col 62}{space 4} 646.7909{col 75}{space 3} 1114.564
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 745.4603{col 34}{space 2} 129.3017{col 45}{space 1}    5.77{col 54}{space 3}0.000{col 62}{space 4} 490.3371{col 75}{space 3} 1000.584
{txt}{space 15}1961  {c |}{col 22}{res}{space 2} 847.7648{col 34}{space 2} 124.5783{col 45}{space 1}    6.81{col 54}{space 3}0.000{col 62}{space 4} 601.9613{col 75}{space 3} 1093.568
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 943.2076{col 34}{space 2} 119.1318{col 45}{space 1}    7.92{col 54}{space 3}0.000{col 62}{space 4} 708.1505{col 75}{space 3} 1178.265
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 938.9259{col 34}{space 2} 133.6166{col 45}{space 1}    7.03{col 54}{space 3}0.000{col 62}{space 4} 675.2892{col 75}{space 3} 1202.563
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 1115.126{col 34}{space 2} 137.0155{col 45}{space 1}    8.14{col 54}{space 3}0.000{col 62}{space 4} 844.7826{col 75}{space 3} 1385.469
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 1153.262{col 34}{space 2} 156.0849{col 45}{space 1}    7.39{col 54}{space 3}0.000{col 62}{space 4} 845.2931{col 75}{space 3}  1461.23
{txt}{space 15}1966  {c |}{col 22}{res}{space 2} 1140.288{col 34}{space 2} 173.2159{col 45}{space 1}    6.58{col 54}{space 3}0.000{col 62}{space 4} 798.5186{col 75}{space 3} 1482.058
{txt}{space 15}1967  {c |}{col 22}{res}{space 2}  1182.26{col 34}{space 2} 180.0846{col 45}{space 1}    6.57{col 54}{space 3}0.000{col 62}{space 4} 826.9377{col 75}{space 3} 1537.582
{txt}{space 15}1968  {c |}{col 22}{res}{space 2} 1224.761{col 34}{space 2} 200.4734{col 45}{space 1}    6.11{col 54}{space 3}0.000{col 62}{space 4} 829.2103{col 75}{space 3} 1620.312
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 1243.684{col 34}{space 2} 235.1621{col 45}{space 1}    5.29{col 54}{space 3}0.000{col 62}{space 4} 779.6897{col 75}{space 3} 1707.679
{txt}{space 15}1970  {c |}{col 22}{res}{space 2} 971.8175{col 34}{space 2} 257.5786{col 45}{space 1}    3.77{col 54}{space 3}0.000{col 62}{space 4} 463.5933{col 75}{space 3} 1480.042
{txt}{space 15}1971  {c |}{col 22}{res}{space 2} 1037.186{col 34}{space 2} 266.7293{col 45}{space 1}    3.89{col 54}{space 3}0.000{col 62}{space 4} 510.9067{col 75}{space 3} 1563.465
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 1334.274{col 34}{space 2} 296.6168{col 45}{space 1}    4.50{col 54}{space 3}0.000{col 62}{space 4} 749.0243{col 75}{space 3} 1919.524
{txt}{space 15}1973  {c |}{col 22}{res}{space 2} 1266.642{col 34}{space 2} 307.0452{col 45}{space 1}    4.13{col 54}{space 3}0.000{col 62}{space 4} 660.8162{col 75}{space 3} 1872.468
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 606.5249{col 34}{space 2} 353.4472{col 45}{space 1}    1.72{col 54}{space 3}0.088{col 62}{space 4}-90.85618{col 75}{space 3} 1303.906
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 633.4918{col 34}{space 2} 346.4213{col 45}{space 1}    1.83{col 54}{space 3}0.069{col 62}{space 4}-50.02651{col 75}{space 3}  1317.01
{txt}{space 15}1976  {c |}{col 22}{res}{space 2}  1131.09{col 34}{space 2} 362.8016{col 45}{space 1}    3.12{col 54}{space 3}0.002{col 62}{space 4} 415.2519{col 75}{space 3} 1846.928
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 1030.581{col 34}{space 2} 397.7861{col 45}{space 1}    2.59{col 54}{space 3}0.010{col 62}{space 4} 245.7153{col 75}{space 3} 1815.446
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 1322.167{col 34}{space 2} 401.5329{col 45}{space 1}    3.29{col 54}{space 3}0.001{col 62}{space 4} 529.9088{col 75}{space 3} 2114.425
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 830.4027{col 34}{space 2} 400.6747{col 45}{space 1}    2.07{col 54}{space 3}0.040{col 62}{space 4} 39.83789{col 75}{space 3} 1620.968
{txt}{space 15}1980  {c |}{col 22}{res}{space 2}   765.17{col 34}{space 2} 402.3605{col 45}{space 1}    1.90{col 54}{space 3}0.059{col 62}{space 4}-28.72103{col 75}{space 3} 1559.061
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2}-619.2298{col 34}{space 2} 1184.578{col 45}{space 1}   -0.52{col 54}{space 3}0.602{col 62}{space 4}-2956.502{col 75}{space 3} 1718.042
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpre if year<=1980 & newsouth==1
{txt}(option xb assumed; fitted values)
(3,094 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   182) ={res}    0.83
{txt}{col 13}Prob > F ={res}    0.3633
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   182) ={res}    4.29
{txt}{col 13}Prob > F ={res}    0.0150
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-2.254972{col 26}{space 2} 2.831493{col 37}{space 1}   -0.80{col 46}{space 3}0.427{col 54}{space 4}-7.841745{col 67}{space 3} 3.331801
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 65.47229{col 26}{space 2} 75.71414{col 37}{space 1}    0.86{col 46}{space 3}0.387{col 54}{space 4}-82.92469{col 67}{space 3} 213.8693
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum klarnerranney   if real_pc_inc_annhatallpre!=. & year<=1980 & newsouth==1, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res}        0              0
{txt} 5%    {res}        0              0
{txt}10%    {res} 1.052632              0       {txt}Obs         {res}        245
{txt}25%    {res}       10              0       {txt}Sum of Wgt. {res}        245

{txt}50%    {res}     21.5                      {txt}Mean          {res} 30.36939
                        {txt}Largest       Std. Dev.     {res} 26.79365
{txt}75%    {res} 47.91141       96.39954
{txt}90%    {res} 72.60459       96.39954       {txt}Variance      {res} 717.8997
{txt}95%    {res} 78.15126       98.65546       {txt}Skewness      {res} .8105661
{txt}99%    {res} 96.39954       98.65546       {txt}Kurtosis      {res} 2.549661
{txt}
{com}. 
. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF  klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*25.56989  -  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*4.290876

       {txt}_nl_1:  {res}(_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*25.56989 - (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*4.290876

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 1393.186{col 26}{space 2} 1611.122{col 37}{space 1}    0.86{col 46}{space 3}0.387{col 54}{space 4}-1764.556{col 67}{space 3} 4550.927
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui regress d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year <=1980 & newsouth==1
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       245{col 27}-125.7866{col 38}-64.31435{col 49}    57{col 58} 242.6287{col 69} 442.2004
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. newey d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year <=1980 & newsouth==1, lag(6) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       245
{txt}maximum lag: {res}6{col 49}{txt}F( 56,       188){col 67}= {res}      3.69
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.              {col 18}{c |}{col 30}  Newey-West
{col 1}ihsklarnerranney{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ihsklarnerranney {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0764163{col 30}{space 2} .0357494{col 41}{space 1}   -2.14{col 50}{space 3}0.034{col 58}{space 4}-.1469378{col 71}{space 3}-.0058948
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0001172{col 30}{space 2} .0000906{col 41}{space 1}   -1.29{col 50}{space 3}0.197{col 58}{space 4}-.0002959{col 71}{space 3} .0000615
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} .0179557{col 30}{space 2} .0585389{col 41}{space 1}    0.31{col 50}{space 3}0.759{col 58}{space 4}-.0975218{col 71}{space 3} .1334333
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}D1. {c |}{col 18}{res}{space 2}-.0001587{col 30}{space 2} .0001518{col 41}{space 1}   -1.05{col 50}{space 3}0.297{col 58}{space 4}-.0004582{col 71}{space 3} .0001408
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2} -.327803{col 30}{space 2} .0895089{col 41}{space 1}   -3.66{col 50}{space 3}0.000{col 58}{space 4}-.5043739{col 71}{space 3}-.1512321
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} .0001306{col 30}{space 2} .0001419{col 41}{space 1}    0.92{col 50}{space 3}0.358{col 58}{space 4}-.0001492{col 71}{space 3} .0004104
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L3D. {c |}{col 18}{res}{space 2}-.0992655{col 30}{space 2} .0682433{col 41}{space 1}   -1.45{col 50}{space 3}0.147{col 58}{space 4}-.2338865{col 71}{space 3} .0353555
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2} .0001376{col 30}{space 2} .0001729{col 41}{space 1}    0.80{col 50}{space 3}0.427{col 58}{space 4}-.0002034{col 71}{space 3} .0004787
{txt}{space 16} {c |}
{space 7}gov_party {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0319101{col 30}{space 2} .1515467{col 41}{space 1}    0.21{col 50}{space 3}0.833{col 58}{space 4}-.2670405{col 71}{space 3} .3308607
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.1121801{col 30}{space 2} .1110014{col 41}{space 1}   -1.01{col 50}{space 3}0.313{col 58}{space 4}-.3311483{col 71}{space 3} .1067882
{txt}{space 16} {c |}
{space 5}dem_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0303325{col 30}{space 2} .1396175{col 41}{space 1}    0.22{col 50}{space 3}0.828{col 58}{space 4}-.2450857{col 71}{space 3} .3057506
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .0449767{col 30}{space 2} .1156255{col 41}{space 1}    0.39{col 50}{space 3}0.698{col 58}{space 4}-.1831135{col 71}{space 3} .2730668
{txt}{space 16} {c |}
{space 5}rep_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}  .129049{col 30}{space 2} .1625111{col 41}{space 1}    0.79{col 50}{space 3}0.428{col 58}{space 4}-.1915306{col 71}{space 3} .4496287
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.2275749{col 30}{space 2} .1354971{col 41}{space 1}   -1.68{col 50}{space 3}0.095{col 58}{space 4}-.4948649{col 71}{space 3} .0397151
{txt}{space 16} {c |}
{space 2}electedjudges1 {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0639572{col 30}{space 2} .1082374{col 41}{space 1}    0.59{col 50}{space 3}0.555{col 58}{space 4}-.1495588{col 71}{space 3} .2774732
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0078223{col 30}{space 2} .0740522{col 41}{space 1}   -0.11{col 50}{space 3}0.916{col 58}{space 4}-.1539024{col 71}{space 3} .1382577
{txt}{space 16} {c |}
{space 6}state_fips {c |}
{space 13}12  {c |}{col 18}{res}{space 2}-.2878857{col 30}{space 2} .1854698{col 41}{space 1}   -1.55{col 50}{space 3}0.122{col 58}{space 4}-.6537552{col 71}{space 3} .0779837
{txt}{space 13}13  {c |}{col 18}{res}{space 2}-.5783489{col 30}{space 2} .3108402{col 41}{space 1}   -1.86{col 50}{space 3}0.064{col 58}{space 4}-1.191532{col 71}{space 3} .0348339
{txt}{space 13}24  {c |}{col 18}{res}{space 2}-.2123569{col 30}{space 2} .1239374{col 41}{space 1}   -1.71{col 50}{space 3}0.088{col 58}{space 4}-.4568435{col 71}{space 3} .0321298
{txt}{space 13}37  {c |}{col 18}{res}{space 2}-.6033167{col 30}{space 2} .3026894{col 41}{space 1}   -1.99{col 50}{space 3}0.048{col 58}{space 4}-1.200421{col 71}{space 3}-.0062126
{txt}{space 13}48  {c |}{col 18}{res}{space 2}-.4886708{col 30}{space 2}  .264452{col 41}{space 1}   -1.85{col 50}{space 3}0.066{col 58}{space 4}-1.010346{col 71}{space 3} .0330038
{txt}{space 13}51  {c |}{col 18}{res}{space 2}-.3365214{col 30}{space 2} .2467683{col 41}{space 1}   -1.36{col 50}{space 3}0.174{col 58}{space 4} -.823312{col 71}{space 3} .1502691
{txt}{space 16} {c |}
{space 12}year {c |}
{space 11}1947  {c |}{col 18}{res}{space 2} .0238079{col 30}{space 2}  .141749{col 41}{space 1}    0.17{col 50}{space 3}0.867{col 58}{space 4} -.255815{col 71}{space 3} .3034308
{txt}{space 11}1948  {c |}{col 18}{res}{space 2} .0561444{col 30}{space 2} .1572245{col 41}{space 1}    0.36{col 50}{space 3}0.721{col 58}{space 4}-.2540065{col 71}{space 3} .3662952
{txt}{space 11}1949  {c |}{col 18}{res}{space 2} -.003177{col 30}{space 2} .1837768{col 41}{space 1}   -0.02{col 50}{space 3}0.986{col 58}{space 4}-.3657067{col 71}{space 3} .3593526
{txt}{space 11}1950  {c |}{col 18}{res}{space 2} .0059908{col 30}{space 2} .1638511{col 41}{space 1}    0.04{col 50}{space 3}0.971{col 58}{space 4}-.3172322{col 71}{space 3} .3292138
{txt}{space 11}1951  {c |}{col 18}{res}{space 2} .0939898{col 30}{space 2} .3044136{col 41}{space 1}    0.31{col 50}{space 3}0.758{col 58}{space 4}-.5065155{col 71}{space 3} .6944952
{txt}{space 11}1952  {c |}{col 18}{res}{space 2} .0213845{col 30}{space 2} .1446966{col 41}{space 1}    0.15{col 50}{space 3}0.883{col 58}{space 4}-.2640531{col 71}{space 3}  .306822
{txt}{space 11}1953  {c |}{col 18}{res}{space 2} .3566497{col 30}{space 2} .2694972{col 41}{space 1}    1.32{col 50}{space 3}0.187{col 58}{space 4}-.1749775{col 71}{space 3} .8882768
{txt}{space 11}1954  {c |}{col 18}{res}{space 2} .0900237{col 30}{space 2} .1146234{col 41}{space 1}    0.79{col 50}{space 3}0.433{col 58}{space 4}-.1360897{col 71}{space 3} .3161371
{txt}{space 11}1955  {c |}{col 18}{res}{space 2} .1140323{col 30}{space 2} .2296418{col 41}{space 1}    0.50{col 50}{space 3}0.620{col 58}{space 4}-.3389736{col 71}{space 3} .5670382
{txt}{space 11}1956  {c |}{col 18}{res}{space 2}  .158009{col 30}{space 2} .1626238{col 41}{space 1}    0.97{col 50}{space 3}0.332{col 58}{space 4} -.162793{col 71}{space 3}  .478811
{txt}{space 11}1957  {c |}{col 18}{res}{space 2} .1437141{col 30}{space 2} .1260018{col 41}{space 1}    1.14{col 50}{space 3}0.255{col 58}{space 4}-.1048449{col 71}{space 3} .3922732
{txt}{space 11}1958  {c |}{col 18}{res}{space 2} .1401121{col 30}{space 2}  .134145{col 41}{space 1}    1.04{col 50}{space 3}0.298{col 58}{space 4}-.1245107{col 71}{space 3} .4047349
{txt}{space 11}1959  {c |}{col 18}{res}{space 2}-.0806138{col 30}{space 2} .2812489{col 41}{space 1}   -0.29{col 50}{space 3}0.775{col 58}{space 4}-.6354231{col 71}{space 3} .4741955
{txt}{space 11}1960  {c |}{col 18}{res}{space 2} .1775252{col 30}{space 2} .1697892{col 41}{space 1}    1.05{col 50}{space 3}0.297{col 58}{space 4}-.1574116{col 71}{space 3}  .512462
{txt}{space 11}1961  {c |}{col 18}{res}{space 2} .2571162{col 30}{space 2} .2175069{col 41}{space 1}    1.18{col 50}{space 3}0.239{col 58}{space 4}-.1719516{col 71}{space 3} .6861839
{txt}{space 11}1962  {c |}{col 18}{res}{space 2} .2982368{col 30}{space 2} .2600196{col 41}{space 1}    1.15{col 50}{space 3}0.253{col 58}{space 4}-.2146942{col 71}{space 3} .8111677
{txt}{space 11}1963  {c |}{col 18}{res}{space 2} .7584199{col 30}{space 2}  .244058{col 41}{space 1}    3.11{col 50}{space 3}0.002{col 58}{space 4} .2769758{col 71}{space 3} 1.239864
{txt}{space 11}1964  {c |}{col 18}{res}{space 2} .5310663{col 30}{space 2} .2333204{col 41}{space 1}    2.28{col 50}{space 3}0.024{col 58}{space 4} .0708039{col 71}{space 3} .9913287
{txt}{space 11}1965  {c |}{col 18}{res}{space 2} .2376438{col 30}{space 2} .4064123{col 41}{space 1}    0.58{col 50}{space 3}0.559{col 58}{space 4}-.5640707{col 71}{space 3} 1.039358
{txt}{space 11}1966  {c |}{col 18}{res}{space 2} .5066785{col 30}{space 2} .2585169{col 41}{space 1}    1.96{col 50}{space 3}0.051{col 58}{space 4}-.0032881{col 71}{space 3} 1.016645
{txt}{space 11}1967  {c |}{col 18}{res}{space 2} .9830011{col 30}{space 2}  .355443{col 41}{space 1}    2.77{col 50}{space 3}0.006{col 58}{space 4} .2818319{col 71}{space 3}  1.68417
{txt}{space 11}1968  {c |}{col 18}{res}{space 2} .6526009{col 30}{space 2} .3321808{col 41}{space 1}    1.96{col 50}{space 3}0.051{col 58}{space 4}-.0026797{col 71}{space 3} 1.307881
{txt}{space 11}1969  {c |}{col 18}{res}{space 2} .7821242{col 30}{space 2} .3779644{col 41}{space 1}    2.07{col 50}{space 3}0.040{col 58}{space 4} .0365279{col 71}{space 3} 1.527721
{txt}{space 11}1970  {c |}{col 18}{res}{space 2}  .742264{col 30}{space 2} .3758359{col 41}{space 1}    1.97{col 50}{space 3}0.050{col 58}{space 4} .0008665{col 71}{space 3} 1.483661
{txt}{space 11}1971  {c |}{col 18}{res}{space 2} .5824699{col 30}{space 2} .3960479{col 41}{space 1}    1.47{col 50}{space 3}0.143{col 58}{space 4} -.198799{col 71}{space 3} 1.363739
{txt}{space 11}1972  {c |}{col 18}{res}{space 2} .7613768{col 30}{space 2} .4402954{col 41}{space 1}    1.73{col 50}{space 3}0.085{col 58}{space 4}-.1071775{col 71}{space 3} 1.629931
{txt}{space 11}1973  {c |}{col 18}{res}{space 2} .9793178{col 30}{space 2} .4586197{col 41}{space 1}    2.14{col 50}{space 3}0.034{col 58}{space 4} .0746158{col 71}{space 3}  1.88402
{txt}{space 11}1974  {c |}{col 18}{res}{space 2} .6684238{col 30}{space 2} .4383524{col 41}{space 1}    1.52{col 50}{space 3}0.129{col 58}{space 4}-.1962977{col 71}{space 3} 1.533145
{txt}{space 11}1975  {c |}{col 18}{res}{space 2}  .437082{col 30}{space 2} .5614441{col 41}{space 1}    0.78{col 50}{space 3}0.437{col 58}{space 4}-.6704578{col 71}{space 3} 1.544622
{txt}{space 11}1976  {c |}{col 18}{res}{space 2} .9016467{col 30}{space 2} .5719808{col 41}{space 1}    1.58{col 50}{space 3}0.117{col 58}{space 4}-.2266786{col 71}{space 3} 2.029972
{txt}{space 11}1977  {c |}{col 18}{res}{space 2} .7148418{col 30}{space 2} .5512079{col 41}{space 1}    1.30{col 50}{space 3}0.196{col 58}{space 4}-.3725054{col 71}{space 3} 1.802189
{txt}{space 11}1978  {c |}{col 18}{res}{space 2} .8008809{col 30}{space 2} .5269294{col 41}{space 1}    1.52{col 50}{space 3}0.130{col 58}{space 4}-.2385731{col 71}{space 3} 1.840335
{txt}{space 11}1979  {c |}{col 18}{res}{space 2} .9547466{col 30}{space 2} .5526938{col 41}{space 1}    1.73{col 50}{space 3}0.086{col 58}{space 4}-.1355319{col 71}{space 3} 2.045025
{txt}{space 11}1980  {c |}{col 18}{res}{space 2} .9074742{col 30}{space 2} .5478848{col 41}{space 1}    1.66{col 50}{space 3}0.099{col 58}{space 4}-.1733178{col 71}{space 3} 1.988266
{txt}{space 16} {c |}
{space 11}_cons {c |}{col 18}{res}{space 2}  1.09789{col 30}{space 2}  .748669{col 41}{space 1}    1.47{col 50}{space 3}0.144{col 58}{space 4}-.3789816{col 71}{space 3} 2.574761
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict ihsklarnerranneyhatallpre if year<=1980 & newsouth==1
{txt}(option xb assumed; fitted values)
(3,094 missing values generated)

{com}. 
.  
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.ihsklarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney = 0{p_end}

{txt}       F(  1,   188) ={res}    4.57
{txt}{col 13}Prob > F ={res}    0.0338
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.ihsklarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.ihsklarnerranney = 0{p_end}

{txt}       F(  2,   188) ={res}    2.73
{txt}{col 13}Prob > F ={res}    0.0678
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} .0001096{col 26}{space 2} .0003174{col 37}{space 1}    0.35{col 46}{space 3}0.730{col 54}{space 4}-.0005166{col 67}{space 3} .0007357
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-.0015337{col 26}{space 2}  .001277{col 37}{space 1}   -1.20{col 46}{space 3}0.230{col 54}{space 4}-.0040365{col 67}{space 3} .0009691
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. sum real_pc_inc_ann   if ihsklarnerranneyhatallpre !=. & year<=1980 & newsouth==1, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 4032.346       3938.229
{txt} 5%    {res} 4605.417       3985.879
{txt}10%    {res} 5047.076       4032.346       {txt}Obs         {res}        245
{txt}25%    {res} 6051.564       4032.384       {txt}Sum of Wgt. {res}        245

{txt}50%    {res} 8029.175                      {txt}Mean          {res} 8301.658
                        {txt}Largest       Std. Dev.     {res} 2624.429
{txt}75%    {res} 10297.78       13486.41
{txt}90%    {res} 12042.43       13546.99       {txt}Variance      {res}  6887630
{txt}95%    {res} 12906.71        13739.2       {txt}Skewness      {res} .2645067
{txt}99%    {res} 13546.99       13843.29       {txt}Kurtosis      {res} 1.962177
{txt}
{com}. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF real_pc_inc_ann ON ihsklarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*9803.36   -  (_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*5533.502

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*9803.36 - (_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*5533.502

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-6.548547{col 26}{space 2} 5.452421{col 37}{space 1}   -1.20{col 46}{space 3}0.230{col 54}{space 4} -17.2351{col 67}{space 3} 4.138001
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
.   
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. //(4,3)  MODEL
. 
. 
. 
. 
. *** III.C: NEW SOUTH STATES (N = 5): POST-PARTISAN ALIGNMENT TIME PERIOD (1981 - 2010) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year >1980 & newsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       210{col 27}-1520.661{col 38}-1336.285{col 49}    58{col 58} 2788.569{col 69} 2982.702
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if year >1980 & newsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       210
{txt}maximum lag: {res}5{col 49}{txt}F( 57,       152){col 67}= {res}     93.58
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.1016661{col 34}{space 2} .0434597{col 45}{space 1}   -2.34{col 54}{space 3}0.021{col 62}{space 4}-.1875292{col 75}{space 3}-.0158031
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-2.958147{col 34}{space 2} 1.501694{col 45}{space 1}   -1.97{col 54}{space 3}0.051{col 62}{space 4}-5.925036{col 75}{space 3} .0087408
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .0903409{col 34}{space 2} .0887671{col 45}{space 1}    1.02{col 54}{space 3}0.310{col 62}{space 4}-.0850356{col 75}{space 3} .2657175
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-1.138613{col 34}{space 2} 1.677297{col 45}{space 1}   -0.68{col 54}{space 3}0.498{col 62}{space 4}-4.452439{col 75}{space 3} 2.175213
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .3061764{col 34}{space 2} .0730083{col 45}{space 1}    4.19{col 54}{space 3}0.000{col 62}{space 4} .1619344{col 75}{space 3} .4504183
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .4220974{col 34}{space 2}   1.9888{col 45}{space 1}    0.21{col 54}{space 3}0.832{col 62}{space 4}-3.507163{col 75}{space 3} 4.351358
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0211738{col 34}{space 2} .1140544{col 45}{space 1}   -0.19{col 54}{space 3}0.853{col 62}{space 4}-.2465105{col 75}{space 3} .2041628
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .1396345{col 34}{space 2} 2.397994{col 45}{space 1}    0.06{col 54}{space 3}0.954{col 62}{space 4}-4.598068{col 75}{space 3} 4.877337
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-1513.385{col 34}{space 2} 1017.837{col 45}{space 1}   -1.49{col 54}{space 3}0.139{col 62}{space 4}-3524.319{col 75}{space 3}  497.549
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 324.7179{col 34}{space 2} 1279.504{col 45}{space 1}    0.25{col 54}{space 3}0.800{col 62}{space 4} -2203.19{col 75}{space 3} 2852.625
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 21.18291{col 34}{space 2} 85.64235{col 45}{space 1}    0.25{col 54}{space 3}0.805{col 62}{space 4}-148.0202{col 75}{space 3}  190.386
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-128.7534{col 34}{space 2} 81.78071{col 45}{space 1}   -1.57{col 54}{space 3}0.117{col 62}{space 4}-290.3271{col 75}{space 3} 32.82025
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 1249.845{col 34}{space 2}  969.998{col 45}{space 1}    1.29{col 54}{space 3}0.200{col 62}{space 4}-666.5738{col 75}{space 3} 3166.264
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} -1596.72{col 34}{space 2} 1638.477{col 45}{space 1}   -0.97{col 54}{space 3}0.331{col 62}{space 4}-4833.849{col 75}{space 3} 1640.408
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-22358.42{col 34}{space 2} 8540.343{col 45}{space 1}   -2.62{col 54}{space 3}0.010{col 62}{space 4}-39231.52{col 75}{space 3}-5485.315
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 11021.99{col 34}{space 2}  6789.39{col 45}{space 1}    1.62{col 54}{space 3}0.107{col 62}{space 4}-2391.767{col 75}{space 3} 24435.75
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-23.34112{col 34}{space 2} 49.72914{col 45}{space 1}   -0.47{col 54}{space 3}0.639{col 62}{space 4}-121.5907{col 75}{space 3} 74.90843
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 99.02908{col 34}{space 2} 52.29163{col 45}{space 1}    1.89{col 54}{space 3}0.060{col 62}{space 4}-4.283184{col 75}{space 3} 202.3413
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-54.20761{col 34}{space 2} 53.15817{col 45}{space 1}   -1.02{col 54}{space 3}0.309{col 62}{space 4}-159.2319{col 75}{space 3} 50.81665
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-31.73001{col 34}{space 2} 60.70272{col 45}{space 1}   -0.52{col 54}{space 3}0.602{col 62}{space 4}  -151.66{col 75}{space 3} 88.19998
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} -61.2081{col 34}{space 2} 80.86628{col 45}{space 1}   -0.76{col 54}{space 3}0.450{col 62}{space 4}-220.9751{col 75}{space 3} 98.55891
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-21.46991{col 34}{space 2} 96.92806{col 45}{space 1}   -0.22{col 54}{space 3}0.825{col 62}{space 4}-212.9701{col 75}{space 3} 170.0303
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 17}12  {c |}{col 22}{res}{space 2}-236.5983{col 34}{space 2} 97.55606{col 45}{space 1}   -2.43{col 54}{space 3}0.016{col 62}{space 4}-429.3393{col 75}{space 3}-43.85743
{txt}{space 17}13  {c |}{col 22}{res}{space 2}-416.6556{col 34}{space 2} 154.7976{col 45}{space 1}   -2.69{col 54}{space 3}0.008{col 62}{space 4}-722.4882{col 75}{space 3} -110.823
{txt}{space 17}24  {c |}{col 22}{res}{space 2}  186.435{col 34}{space 2} 141.4954{col 45}{space 1}    1.32{col 54}{space 3}0.190{col 62}{space 4}-93.11656{col 75}{space 3} 465.9865
{txt}{space 17}37  {c |}{col 22}{res}{space 2}-536.1608{col 34}{space 2} 168.4564{col 45}{space 1}   -3.18{col 54}{space 3}0.002{col 62}{space 4} -868.979{col 75}{space 3}-203.3426
{txt}{space 17}48  {c |}{col 22}{res}{space 2}-320.3154{col 34}{space 2} 116.6023{col 45}{space 1}   -2.75{col 54}{space 3}0.007{col 62}{space 4}-550.6859{col 75}{space 3}-89.94491
{txt}{space 17}51  {c |}{col 22}{res}{space 2} 75.65133{col 34}{space 2} 95.98095{col 45}{space 1}    0.79{col 54}{space 3}0.432{col 62}{space 4}-113.9776{col 75}{space 3} 265.2803
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1982  {c |}{col 22}{res}{space 2}-45.55631{col 34}{space 2} 116.6345{col 45}{space 1}   -0.39{col 54}{space 3}0.697{col 62}{space 4}-275.9904{col 75}{space 3} 184.8778
{txt}{space 15}1983  {c |}{col 22}{res}{space 2} 166.9317{col 34}{space 2} 136.8653{col 45}{space 1}    1.22{col 54}{space 3}0.224{col 62}{space 4}-103.4723{col 75}{space 3} 437.3357
{txt}{space 15}1984  {c |}{col 22}{res}{space 2} 468.1977{col 34}{space 2} 116.6879{col 45}{space 1}    4.01{col 54}{space 3}0.000{col 62}{space 4}  237.658{col 75}{space 3} 698.7373
{txt}{space 15}1985  {c |}{col 22}{res}{space 2} 184.8773{col 34}{space 2} 156.3039{col 45}{space 1}    1.18{col 54}{space 3}0.239{col 62}{space 4}-123.9313{col 75}{space 3}  493.686
{txt}{space 15}1986  {c |}{col 22}{res}{space 2} 143.0133{col 34}{space 2} 129.5445{col 45}{space 1}    1.10{col 54}{space 3}0.271{col 62}{space 4}-112.9271{col 75}{space 3} 398.9536
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 120.8842{col 34}{space 2} 112.5957{col 45}{space 1}    1.07{col 54}{space 3}0.285{col 62}{space 4}-101.5704{col 75}{space 3} 343.3388
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 334.8008{col 34}{space 2} 140.1756{col 45}{space 1}    2.39{col 54}{space 3}0.018{col 62}{space 4} 57.85666{col 75}{space 3} 611.7449
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 307.9453{col 34}{space 2} 163.6823{col 45}{space 1}    1.88{col 54}{space 3}0.062{col 62}{space 4}-15.44075{col 75}{space 3} 631.3314
{txt}{space 15}1990  {c |}{col 22}{res}{space 2}-168.3474{col 34}{space 2} 197.3356{col 45}{space 1}   -0.85{col 54}{space 3}0.395{col 62}{space 4}-558.2222{col 75}{space 3} 221.5274
{txt}{space 15}1991  {c |}{col 22}{res}{space 2}-162.3166{col 34}{space 2} 148.9904{col 45}{space 1}   -1.09{col 54}{space 3}0.278{col 62}{space 4} -456.676{col 75}{space 3} 132.0428
{txt}{space 15}1992  {c |}{col 22}{res}{space 2} 320.3172{col 34}{space 2} 165.7223{col 45}{space 1}    1.93{col 54}{space 3}0.055{col 62}{space 4}-7.099242{col 75}{space 3} 647.7337
{txt}{space 15}1993  {c |}{col 22}{res}{space 2}  166.143{col 34}{space 2} 215.0295{col 45}{space 1}    0.77{col 54}{space 3}0.441{col 62}{space 4}-258.6895{col 75}{space 3} 590.9756
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 188.7058{col 34}{space 2} 214.7268{col 45}{space 1}    0.88{col 54}{space 3}0.381{col 62}{space 4}-235.5286{col 75}{space 3} 612.9401
{txt}{space 15}1995  {c |}{col 22}{res}{space 2} 280.9201{col 34}{space 2} 195.5784{col 45}{space 1}    1.44{col 54}{space 3}0.153{col 62}{space 4}-105.4829{col 75}{space 3} 667.3231
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 367.0835{col 34}{space 2} 217.7647{col 45}{space 1}    1.69{col 54}{space 3}0.094{col 62}{space 4}-63.15289{col 75}{space 3} 797.3199
{txt}{space 15}1997  {c |}{col 22}{res}{space 2} 459.3993{col 34}{space 2} 209.2651{col 45}{space 1}    2.20{col 54}{space 3}0.030{col 62}{space 4} 45.95549{col 75}{space 3} 872.8431
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 822.8473{col 34}{space 2} 233.8644{col 45}{space 1}    3.52{col 54}{space 3}0.001{col 62}{space 4} 360.8029{col 75}{space 3} 1284.892
{txt}{space 15}1999  {c |}{col 22}{res}{space 2} 430.0929{col 34}{space 2}  258.118{col 45}{space 1}    1.67{col 54}{space 3}0.098{col 62}{space 4}-79.86916{col 75}{space 3}  940.055
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 720.2855{col 34}{space 2} 258.8467{col 45}{space 1}    2.78{col 54}{space 3}0.006{col 62}{space 4} 208.8837{col 75}{space 3} 1231.687
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 403.5207{col 34}{space 2}  291.729{col 45}{space 1}    1.38{col 54}{space 3}0.169{col 62}{space 4}-172.8465{col 75}{space 3}  979.888
{txt}{space 15}2002  {c |}{col 22}{res}{space 2} 208.8437{col 34}{space 2} 318.8071{col 45}{space 1}    0.66{col 54}{space 3}0.513{col 62}{space 4}-421.0216{col 75}{space 3}  838.709
{txt}{space 15}2003  {c |}{col 22}{res}{space 2} 442.9273{col 34}{space 2} 282.1014{col 45}{space 1}    1.57{col 54}{space 3}0.118{col 62}{space 4}-114.4186{col 75}{space 3} 1000.273
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 924.1124{col 34}{space 2} 312.1959{col 45}{space 1}    2.96{col 54}{space 3}0.004{col 62}{space 4} 307.3088{col 75}{space 3} 1540.916
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 685.8934{col 34}{space 2} 358.2896{col 45}{space 1}    1.91{col 54}{space 3}0.057{col 62}{space 4}-21.97721{col 75}{space 3} 1393.764
{txt}{space 15}2006  {c |}{col 22}{res}{space 2} 706.4253{col 34}{space 2} 346.3343{col 45}{space 1}    2.04{col 54}{space 3}0.043{col 62}{space 4} 22.17467{col 75}{space 3} 1390.676
{txt}{space 15}2007  {c |}{col 22}{res}{space 2} 596.5936{col 34}{space 2} 355.2869{col 45}{space 1}    1.68{col 54}{space 3}0.095{col 62}{space 4}-105.3446{col 75}{space 3} 1298.532
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 306.1909{col 34}{space 2} 425.5552{col 45}{space 1}    0.72{col 54}{space 3}0.473{col 62}{space 4} -534.576{col 75}{space 3} 1146.958
{txt}{space 15}2009  {c |}{col 22}{res}{space 2}-316.2826{col 34}{space 2}  330.794{col 45}{space 1}   -0.96{col 54}{space 3}0.341{col 62}{space 4}-969.8304{col 75}{space 3} 337.2652
{txt}{space 15}2010  {c |}{col 22}{res}{space 2}  769.288{col 34}{space 2} 340.6336{col 45}{space 1}    2.26{col 54}{space 3}0.025{col 62}{space 4}  96.3002{col 75}{space 3} 1442.276
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2} 23933.37{col 34}{space 2} 8709.974{col 45}{space 1}    2.75{col 54}{space 3}0.007{col 62}{space 4} 6725.131{col 75}{space 3} 41141.62
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpost if year>1980 & newsouth==1
{txt}(option xb assumed; fitted values)
(3,129 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   152) ={res}    5.47
{txt}{col 13}Prob > F ={res}    0.0206
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENIETY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   152) ={res}    5.38
{txt}{col 13}Prob > F ={res}    0.0056
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney  +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} -.576881{col 26}{space 2} 4.114032{col 37}{space 1}   -0.14{col 46}{space 3}0.889{col 54}{space 4}-8.704949{col 67}{space 3} 7.551187
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-29.09669{col 26}{space 2} 20.52294{col 37}{space 1}   -1.42{col 46}{space 3}0.156{col 54}{space 4}-69.32091{col 67}{space 3} 11.12753
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. sum klarnerranney  if real_pc_inc_annhatallpost!=. & year>1980 & newsouth==1, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res}  24.8227        22.2619
{txt} 5%    {res} 26.24113        22.2619
{txt}10%    {res} 36.17021        24.8227       {txt}Obs         {res}        210
{txt}25%    {res} 56.02837        24.8227       {txt}Sum of Wgt. {res}        210

{txt}50%    {res}       75                      {txt}Mean          {res} 70.17089
                        {txt}Largest       Std. Dev.     {res} 21.97781
{txt}75%    {res}       90        99.6129
{txt}90%    {res} 96.10918       99.82796       {txt}Variance      {res} 483.0243
{txt}95%    {res} 98.49013       99.82796       {txt}Skewness      {res}-.5561291
{txt}99%    {res} 99.82796            100       {txt}Kurtosis      {res} 2.293658
{txt}
{com}. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*85.82796   -  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*56.68817

       {txt}_nl_1:  {res}(_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*85.82796 - (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*56.68817

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-847.8713{col 26}{space 2} 598.0341{col 37}{space 1}   -1.42{col 46}{space 3}0.156{col 54}{space 4}-2019.997{col 67}{space 3}  324.254
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year >1980 & newsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       210{col 27}-707.8955{col 38}-637.1208{col 49}    50{col 58} 1374.242{col 69} 1541.597
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year >1980 & newsouth==1, lag(5) force
{txt}note: LD.electedjudges1 omitted because of collinearity
note: 48.state_fips omitted because of collinearity

Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       210
{txt}maximum lag: {res}5{col 49}{txt}F( 49,       160){col 67}= {res}      4.51
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.1668318{col 29}{space 2}  .049553{col 40}{space 1}   -3.37{col 49}{space 3}0.001{col 57}{space 4} -.264694{col 70}{space 3}-.0689695
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0018244{col 29}{space 2} .0009468{col 40}{space 1}    1.93{col 49}{space 3}0.056{col 57}{space 4}-.0000453{col 70}{space 3} .0036942
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2}-.0273975{col 29}{space 2} .0586268{col 40}{space 1}   -0.47{col 49}{space 3}0.641{col 57}{space 4}-.1431797{col 70}{space 3} .0883848
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2}-.0013994{col 29}{space 2} .0021676{col 40}{space 1}   -0.65{col 49}{space 3}0.519{col 57}{space 4}-.0056802{col 70}{space 3} .0028814
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0604595{col 29}{space 2} .0914901{col 40}{space 1}   -0.66{col 49}{space 3}0.510{col 57}{space 4}-.2411435{col 70}{space 3} .1202244
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0054446{col 29}{space 2} .0021222{col 40}{space 1}    2.57{col 49}{space 3}0.011{col 57}{space 4} .0012534{col 70}{space 3} .0096358
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}-.0939423{col 29}{space 2} .0718102{col 40}{space 1}   -1.31{col 49}{space 3}0.193{col 57}{space 4}-.2357604{col 70}{space 3} .0478757
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0022593{col 29}{space 2} .0025141{col 40}{space 1}   -0.90{col 49}{space 3}0.370{col 57}{space 4}-.0072245{col 70}{space 3} .0027059
{txt}{space 15} {c |}
{space 6}gov_party {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-3.437501{col 29}{space 2} 1.747816{col 40}{space 1}   -1.97{col 49}{space 3}0.051{col 57}{space 4}-6.889266{col 70}{space 3} .0142634
{txt}{space 12}LD. {c |}{col 17}{res}{space 2} 2.504637{col 29}{space 2}  1.88429{col 40}{space 1}    1.33{col 49}{space 3}0.186{col 57}{space 4} -1.21665{col 70}{space 3} 6.225925
{txt}{space 15} {c |}
{space 4}dem_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 5.870389{col 29}{space 2} 2.246033{col 40}{space 1}    2.61{col 49}{space 3}0.010{col 57}{space 4} 1.434694{col 70}{space 3} 10.30608
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-3.794836{col 29}{space 2} 2.198105{col 40}{space 1}   -1.73{col 49}{space 3}0.086{col 57}{space 4}-8.135877{col 70}{space 3} .5462039
{txt}{space 15} {c |}
{space 4}rep_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-3.251342{col 29}{space 2} 2.680145{col 40}{space 1}   -1.21{col 49}{space 3}0.227{col 57}{space 4}-8.544365{col 70}{space 3}  2.04168
{txt}{space 12}LD. {c |}{col 17}{res}{space 2} 2.782538{col 29}{space 2} 2.395354{col 40}{space 1}    1.16{col 49}{space 3}0.247{col 57}{space 4}-1.948051{col 70}{space 3} 7.513127
{txt}{space 15} {c |}
{space 1}electedjudges1 {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 1.006888{col 29}{space 2} 2.851455{col 40}{space 1}    0.35{col 49}{space 3}0.724{col 57}{space 4}-4.624455{col 70}{space 3} 6.638231
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}        0{col 29}{txt}  (omitted)
{space 15} {c |}
{space 5}state_fips {c |}
{space 12}12  {c |}{col 17}{res}{space 2} -.812245{col 29}{space 2} 2.289844{col 40}{space 1}   -0.35{col 49}{space 3}0.723{col 57}{space 4}-5.334461{col 70}{space 3} 3.709971
{txt}{space 12}13  {c |}{col 17}{res}{space 2}-2.836707{col 29}{space 2} 1.806245{col 40}{space 1}   -1.57{col 49}{space 3}0.118{col 57}{space 4}-6.403863{col 70}{space 3} .7304484
{txt}{space 12}24  {c |}{col 17}{res}{space 2}-13.49053{col 29}{space 2} 3.610193{col 40}{space 1}   -3.74{col 49}{space 3}0.000{col 57}{space 4} -20.6203{col 70}{space 3}-6.360751
{txt}{space 12}37  {c |}{col 17}{res}{space 2}  .090833{col 29}{space 2} 1.430505{col 40}{space 1}    0.06{col 49}{space 3}0.949{col 57}{space 4}-2.734273{col 70}{space 3} 2.915939
{txt}{space 12}48  {c |}{col 17}{res}{space 2}        0{col 29}{txt}  (omitted)
{space 12}51  {c |}{col 17}{res}{space 2}-2.180628{col 29}{space 2}  2.14372{col 40}{space 1}   -1.02{col 49}{space 3}0.311{col 57}{space 4}-6.414265{col 70}{space 3} 2.053009
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2} -6.57999{col 29}{space 2} 3.570439{col 40}{space 1}   -1.84{col 49}{space 3}0.067{col 57}{space 4}-13.63126{col 70}{space 3} .4712757
{txt}{space 10}1983  {c |}{col 17}{res}{space 2}-14.51749{col 29}{space 2} 4.367528{col 40}{space 1}   -3.32{col 49}{space 3}0.001{col 57}{space 4}-23.14293{col 70}{space 3}-5.892053
{txt}{space 10}1984  {c |}{col 17}{res}{space 2}-10.38466{col 29}{space 2} 2.755915{col 40}{space 1}   -3.77{col 49}{space 3}0.000{col 57}{space 4}-15.82732{col 70}{space 3}-4.941996
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}-4.701997{col 29}{space 2} 3.609664{col 40}{space 1}   -1.30{col 49}{space 3}0.195{col 57}{space 4}-11.83073{col 70}{space 3} 2.426735
{txt}{space 10}1986  {c |}{col 17}{res}{space 2}-11.10994{col 29}{space 2} 3.422036{col 40}{space 1}   -3.25{col 49}{space 3}0.001{col 57}{space 4}-17.86812{col 70}{space 3}-4.351751
{txt}{space 10}1987  {c |}{col 17}{res}{space 2}-8.612373{col 29}{space 2} 4.178382{col 40}{space 1}   -2.06{col 49}{space 3}0.041{col 57}{space 4}-16.86427{col 70}{space 3}-.3604803
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-9.327407{col 29}{space 2} 3.597655{col 40}{space 1}   -2.59{col 49}{space 3}0.010{col 57}{space 4}-16.43242{col 70}{space 3}-2.222392
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}-6.553828{col 29}{space 2} 4.416069{col 40}{space 1}   -1.48{col 49}{space 3}0.140{col 57}{space 4}-15.27513{col 70}{space 3} 2.167473
{txt}{space 10}1990  {c |}{col 17}{res}{space 2}-10.63052{col 29}{space 2} 4.373003{col 40}{space 1}   -2.43{col 49}{space 3}0.016{col 57}{space 4}-19.26677{col 70}{space 3}-1.994267
{txt}{space 10}1991  {c |}{col 17}{res}{space 2}-9.136613{col 29}{space 2} 4.425915{col 40}{space 1}   -2.06{col 49}{space 3}0.041{col 57}{space 4}-17.87736{col 70}{space 3}-.3958672
{txt}{space 10}1992  {c |}{col 17}{res}{space 2}-5.019438{col 29}{space 2} 4.426488{col 40}{space 1}   -1.13{col 49}{space 3}0.259{col 57}{space 4}-13.76132{col 70}{space 3}  3.72244
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} -7.28097{col 29}{space 2} 4.744127{col 40}{space 1}   -1.53{col 49}{space 3}0.127{col 57}{space 4}-16.65015{col 70}{space 3} 2.088213
{txt}{space 10}1994  {c |}{col 17}{res}{space 2}-7.541313{col 29}{space 2}  4.20449{col 40}{space 1}   -1.79{col 49}{space 3}0.075{col 57}{space 4}-15.84477{col 70}{space 3} .7621405
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 5.408552{col 29}{space 2} 5.981904{col 40}{space 1}    0.90{col 49}{space 3}0.367{col 57}{space 4}-6.405119{col 70}{space 3} 17.22222
{txt}{space 10}1996  {c |}{col 17}{res}{space 2}-4.380169{col 29}{space 2} 4.896811{col 40}{space 1}   -0.89{col 49}{space 3}0.372{col 57}{space 4}-14.05089{col 70}{space 3}  5.29055
{txt}{space 10}1997  {c |}{col 17}{res}{space 2}-4.264993{col 29}{space 2} 5.552097{col 40}{space 1}   -0.77{col 49}{space 3}0.444{col 57}{space 4}-15.22984{col 70}{space 3} 6.699853
{txt}{space 10}1998  {c |}{col 17}{res}{space 2}-5.332942{col 29}{space 2} 5.421456{col 40}{space 1}   -0.98{col 49}{space 3}0.327{col 57}{space 4}-16.03978{col 70}{space 3}   5.3739
{txt}{space 10}1999  {c |}{col 17}{res}{space 2}-14.30927{col 29}{space 2} 6.570911{col 40}{space 1}   -2.18{col 49}{space 3}0.031{col 57}{space 4}-27.28617{col 70}{space 3}-1.332367
{txt}{space 10}2000  {c |}{col 17}{res}{space 2}-8.590615{col 29}{space 2} 6.426811{col 40}{space 1}   -1.34{col 49}{space 3}0.183{col 57}{space 4}-21.28293{col 70}{space 3} 4.101703
{txt}{space 10}2001  {c |}{col 17}{res}{space 2}-14.00278{col 29}{space 2} 7.101627{col 40}{space 1}   -1.97{col 49}{space 3}0.050{col 57}{space 4}-28.02779{col 70}{space 3} .0222381
{txt}{space 10}2002  {c |}{col 17}{res}{space 2}-12.17748{col 29}{space 2} 7.136568{col 40}{space 1}   -1.71{col 49}{space 3}0.090{col 57}{space 4} -26.2715{col 70}{space 3} 1.916539
{txt}{space 10}2003  {c |}{col 17}{res}{space 2}-10.96275{col 29}{space 2} 7.969203{col 40}{space 1}   -1.38{col 49}{space 3}0.171{col 57}{space 4}-26.70114{col 70}{space 3} 4.775644
{txt}{space 10}2004  {c |}{col 17}{res}{space 2}-10.15753{col 29}{space 2} 6.747055{col 40}{space 1}   -1.51{col 49}{space 3}0.134{col 57}{space 4} -23.4823{col 70}{space 3} 3.167241
{txt}{space 10}2005  {c |}{col 17}{res}{space 2}-13.18411{col 29}{space 2} 7.584028{col 40}{space 1}   -1.74{col 49}{space 3}0.084{col 57}{space 4}-28.16182{col 70}{space 3} 1.793595
{txt}{space 10}2006  {c |}{col 17}{res}{space 2}-10.90194{col 29}{space 2} 7.695757{col 40}{space 1}   -1.42{col 49}{space 3}0.159{col 57}{space 4} -26.1003{col 70}{space 3} 4.296423
{txt}{space 10}2007  {c |}{col 17}{res}{space 2}-14.68152{col 29}{space 2} 8.361708{col 40}{space 1}   -1.76{col 49}{space 3}0.081{col 57}{space 4}-31.19507{col 70}{space 3} 1.832035
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}-11.22185{col 29}{space 2} 8.434705{col 40}{space 1}   -1.33{col 49}{space 3}0.185{col 57}{space 4}-27.87956{col 70}{space 3} 5.435861
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} -14.5224{col 29}{space 2} 10.76786{col 40}{space 1}   -1.35{col 49}{space 3}0.179{col 57}{space 4}-35.78787{col 70}{space 3}  6.74307
{txt}{space 10}2010  {c |}{col 17}{res}{space 2}-11.35791{col 29}{space 2} 7.889217{col 40}{space 1}   -1.44{col 49}{space 3}0.152{col 57}{space 4}-26.93834{col 70}{space 3} 4.222518
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-5.005646{col 29}{space 2} 13.66612{col 40}{space 1}   -0.37{col 49}{space 3}0.715{col 57}{space 4}-31.99488{col 70}{space 3} 21.98359
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict klarnerranneyhatallpost if year>1980 & newsouth==1
{txt}(option xb assumed; fitted values)
(3,129 missing values generated)

{com}. 
. 
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.klarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney = 0{p_end}

{txt}       F(  1,   160) ={res}   11.33
{txt}{col 13}Prob > F ={res}    0.0010
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.klarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.klarnerranney = 0{p_end}

{txt}       F(  2,   160) ={res}    9.50
{txt}{col 13}Prob > F ={res}    0.0001
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann  +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} .0017859{col 26}{space 2} .0027815{col 37}{space 1}    0.64{col 46}{space 3}0.522{col 54}{space 4}-.0037073{col 67}{space 3} .0072791
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} .0109356{col 26}{space 2} .0071537{col 37}{space 1}    1.53{col 46}{space 3}0.126{col 54}{space 4}-.0030853{col 67}{space 3} .0249566
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum  real_pc_inc_ann    if klarnerranneyhatallpost!=. & year>1980 & newsouth==1, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 10330.47       10054.71
{txt} 5%    {res} 12133.51       10063.01
{txt}10%    {res} 12708.52       10330.47       {txt}Obs         {res}        210
{txt}25%    {res}  13763.7       10405.05       {txt}Sum of Wgt. {res}        210

{txt}50%    {res} 15914.87                      {txt}Mean          {res} 15866.55
                        {txt}Largest       Std. Dev.     {res} 2598.614
{txt}75%    {res} 17392.31       22251.78
{txt}90%    {res} 19121.52       22482.09       {txt}Variance      {res}  6752793
{txt}95%    {res} 20620.81       22589.98       {txt}Skewness      {res} .2767744
{txt}99%    {res} 22482.09       22695.73       {txt}Kurtosis      {res} 2.939001
{txt}
{com}. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF  real_pc_inc_ann ON klarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])*16574.21   -  (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])*13297.69   

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])*16574.21 - (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])*13297.69

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 35.83078{col 26}{space 2} 23.43917{col 37}{space 1}    1.53{col 46}{space 3}0.126{col 54}{space 4}-10.10914{col 67}{space 3} 81.77071
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. restore 
{txt}
{com}. 
. 
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. 
. 
. 
. preserve
{txt}
{com}. 
. 
. 
. 
. //(5,4) MODEL
. 
. 
. 
. 
. *** IV.A: OLD SOUTH STATES (N = 9): FULL TIME PERIOD (1942 - 2010) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if oldsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       576{col 27}-3988.246{col 38} -3646.03{col 49}    96{col 58}  7484.06{col 69} 7902.247
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       576
{txt}maximum lag: {res}8{col 49}{txt}F( 95,       480){col 67}= {res}     59.01
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.1296661{col 34}{space 2} .0357439{col 45}{space 1}   -3.63{col 54}{space 3}0.000{col 62}{space 4}   -.1999{col 75}{space 3}-.0594323
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 2.518173{col 34}{space 2} .8745439{col 45}{space 1}    2.88{col 54}{space 3}0.004{col 62}{space 4} .7997653{col 75}{space 3}  4.23658
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .1650011{col 34}{space 2} .1313112{col 45}{space 1}    1.26{col 54}{space 3}0.210{col 62}{space 4}-.0930147{col 75}{space 3}  .423017
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-.5544114{col 34}{space 2} 1.307784{col 45}{space 1}   -0.42{col 54}{space 3}0.672{col 62}{space 4}-3.124101{col 75}{space 3} 2.015278
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .1222366{col 34}{space 2} .1023344{col 45}{space 1}    1.19{col 54}{space 3}0.233{col 62}{space 4}-.0788422{col 75}{space 3} .3233153
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2}-2.677459{col 34}{space 2} 1.356862{col 45}{space 1}   -1.97{col 54}{space 3}0.049{col 62}{space 4}-5.343583{col 75}{space 3}-.0113344
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0678518{col 34}{space 2} .0595382{col 45}{space 1}   -1.14{col 54}{space 3}0.255{col 62}{space 4}-.1848394{col 75}{space 3} .0491359
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-2.961209{col 34}{space 2} 1.274314{col 45}{space 1}   -2.32{col 54}{space 3}0.021{col 62}{space 4}-5.465132{col 75}{space 3}-.4572852
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L4D. {c |}{col 22}{res}{space 2} .0990893{col 34}{space 2} .0474953{col 45}{space 1}    2.09{col 54}{space 3}0.037{col 62}{space 4}  .005765{col 75}{space 3} .1924136
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2} .5862067{col 34}{space 2} 1.114332{col 45}{space 1}    0.53{col 54}{space 3}0.599{col 62}{space 4}-1.603365{col 75}{space 3} 2.775778
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-70.21928{col 34}{space 2} 255.9468{col 45}{space 1}   -0.27{col 54}{space 3}0.784{col 62}{space 4}-573.1339{col 75}{space 3} 432.6954
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 154.8008{col 34}{space 2} 318.8774{col 45}{space 1}    0.49{col 54}{space 3}0.628{col 62}{space 4}-471.7673{col 75}{space 3} 781.3688
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-23.39787{col 34}{space 2} 31.29683{col 45}{space 1}   -0.75{col 54}{space 3}0.455{col 62}{space 4} -84.8936{col 75}{space 3} 38.09785
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 15.41281{col 34}{space 2} 55.26146{col 45}{space 1}    0.28{col 54}{space 3}0.780{col 62}{space 4}-93.17145{col 75}{space 3} 123.9971
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 76.09581{col 34}{space 2} 200.4138{col 45}{space 1}    0.38{col 54}{space 3}0.704{col 62}{space 4}-317.7009{col 75}{space 3} 469.8926
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-492.3348{col 34}{space 2} 634.4404{col 45}{space 1}   -0.78{col 54}{space 3}0.438{col 62}{space 4}-1738.959{col 75}{space 3} 754.2889
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 169.8548{col 34}{space 2} 294.5741{col 45}{space 1}    0.58{col 54}{space 3}0.564{col 62}{space 4}-408.9593{col 75}{space 3}  748.669
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 2613.009{col 34}{space 2} 879.0188{col 45}{space 1}    2.97{col 54}{space 3}0.003{col 62}{space 4} 885.8084{col 75}{space 3} 4340.209
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-93.89716{col 34}{space 2} 46.93157{col 45}{space 1}   -2.00{col 54}{space 3}0.046{col 62}{space 4}-186.1139{col 75}{space 3} -1.68046
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}  101.855{col 34}{space 2} 98.00427{col 45}{space 1}    1.04{col 54}{space 3}0.299{col 62}{space 4}-90.71542{col 75}{space 3} 294.4254
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 138.0757{col 34}{space 2} 50.31569{col 45}{space 1}    2.74{col 54}{space 3}0.006{col 62}{space 4} 39.20945{col 75}{space 3} 236.9419
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-107.0061{col 34}{space 2} 100.8066{col 45}{space 1}   -1.06{col 54}{space 3}0.289{col 62}{space 4} -305.083{col 75}{space 3} 91.07071
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-138.4013{col 34}{space 2} 44.72758{col 45}{space 1}   -3.09{col 54}{space 3}0.002{col 62}{space 4}-226.2873{col 75}{space 3}-50.51523
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 116.0781{col 34}{space 2} 90.88441{col 45}{space 1}    1.28{col 54}{space 3}0.202{col 62}{space 4}-62.50234{col 75}{space 3} 294.6586
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}5  {c |}{col 22}{res}{space 2}-42.10471{col 34}{space 2} 25.35653{col 45}{space 1}   -1.66{col 54}{space 3}0.097{col 62}{space 4}-91.92823{col 75}{space 3} 7.718805
{txt}{space 17}21  {c |}{col 22}{res}{space 2}-108.6263{col 34}{space 2} 52.37533{col 45}{space 1}   -2.07{col 54}{space 3}0.039{col 62}{space 4}-211.5395{col 75}{space 3} -5.71301
{txt}{space 17}22  {c |}{col 22}{res}{space 2} 56.84242{col 34}{space 2} 36.94442{col 45}{space 1}    1.54{col 54}{space 3}0.125{col 62}{space 4}-15.75035{col 75}{space 3} 129.4352
{txt}{space 17}28  {c |}{col 22}{res}{space 2}-154.3369{col 34}{space 2} 48.95615{col 45}{space 1}   -3.15{col 54}{space 3}0.002{col 62}{space 4}-250.5317{col 75}{space 3}-58.14203
{txt}{space 17}40  {c |}{col 22}{res}{space 2} 43.72302{col 34}{space 2}  39.8977{col 45}{space 1}    1.10{col 54}{space 3}0.274{col 62}{space 4}-34.67272{col 75}{space 3} 122.1187
{txt}{space 17}45  {c |}{col 22}{res}{space 2}-15.59048{col 34}{space 2}  23.2449{col 45}{space 1}   -0.67{col 54}{space 3}0.503{col 62}{space 4}-61.26482{col 75}{space 3} 30.08386
{txt}{space 17}47  {c |}{col 22}{res}{space 2}-7.277426{col 34}{space 2} 34.77535{col 45}{space 1}   -0.21{col 54}{space 3}0.834{col 62}{space 4}-75.60815{col 75}{space 3}  61.0533
{txt}{space 17}54  {c |}{col 22}{res}{space 2}-133.3019{col 34}{space 2} 49.34872{col 45}{space 1}   -2.70{col 54}{space 3}0.007{col 62}{space 4}-230.2681{col 75}{space 3} -36.3357
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1948  {c |}{col 22}{res}{space 2} 454.3385{col 34}{space 2} 87.32348{col 45}{space 1}    5.20{col 54}{space 3}0.000{col 62}{space 4}  282.755{col 75}{space 3}  625.922
{txt}{space 15}1949  {c |}{col 22}{res}{space 2} 140.2235{col 34}{space 2} 133.3582{col 45}{space 1}    1.05{col 54}{space 3}0.294{col 62}{space 4}-121.8145{col 75}{space 3} 402.2615
{txt}{space 15}1950  {c |}{col 22}{res}{space 2} 284.8121{col 34}{space 2} 115.0594{col 45}{space 1}    2.48{col 54}{space 3}0.014{col 62}{space 4} 58.72983{col 75}{space 3} 510.8944
{txt}{space 15}1951  {c |}{col 22}{res}{space 2}  442.449{col 34}{space 2}  144.135{col 45}{space 1}    3.07{col 54}{space 3}0.002{col 62}{space 4} 159.2355{col 75}{space 3} 725.6625
{txt}{space 15}1952  {c |}{col 22}{res}{space 2} 395.4701{col 34}{space 2} 94.78691{col 45}{space 1}    4.17{col 54}{space 3}0.000{col 62}{space 4} 209.2216{col 75}{space 3} 581.7187
{txt}{space 15}1953  {c |}{col 22}{res}{space 2} 411.9605{col 34}{space 2} 115.9987{col 45}{space 1}    3.55{col 54}{space 3}0.000{col 62}{space 4} 184.0325{col 75}{space 3} 639.8885
{txt}{space 15}1954  {c |}{col 22}{res}{space 2} 154.7431{col 34}{space 2} 118.3511{col 45}{space 1}    1.31{col 54}{space 3}0.192{col 62}{space 4}-77.80707{col 75}{space 3} 387.2933
{txt}{space 15}1955  {c |}{col 22}{res}{space 2} 567.7585{col 34}{space 2} 100.7803{col 45}{space 1}    5.63{col 54}{space 3}0.000{col 62}{space 4} 369.7335{col 75}{space 3} 765.7835
{txt}{space 15}1956  {c |}{col 22}{res}{space 2} 538.8966{col 34}{space 2} 146.1263{col 45}{space 1}    3.69{col 54}{space 3}0.000{col 62}{space 4} 251.7704{col 75}{space 3} 826.0228
{txt}{space 15}1957  {c |}{col 22}{res}{space 2} 272.3352{col 34}{space 2} 125.7399{col 45}{space 1}    2.17{col 54}{space 3}0.031{col 62}{space 4} 25.26655{col 75}{space 3} 519.4038
{txt}{space 15}1958  {c |}{col 22}{res}{space 2} 409.5116{col 34}{space 2} 130.7631{col 45}{space 1}    3.13{col 54}{space 3}0.002{col 62}{space 4} 152.5729{col 75}{space 3} 666.4504
{txt}{space 15}1959  {c |}{col 22}{res}{space 2}  573.804{col 34}{space 2}  118.366{col 45}{space 1}    4.85{col 54}{space 3}0.000{col 62}{space 4} 341.2244{col 75}{space 3} 806.3837
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 341.9867{col 34}{space 2}  140.839{col 45}{space 1}    2.43{col 54}{space 3}0.016{col 62}{space 4} 65.24963{col 75}{space 3} 618.7238
{txt}{space 15}1961  {c |}{col 22}{res}{space 2} 536.8399{col 34}{space 2} 131.6367{col 45}{space 1}    4.08{col 54}{space 3}0.000{col 62}{space 4} 278.1845{col 75}{space 3} 795.4954
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 616.6175{col 34}{space 2} 153.2697{col 45}{space 1}    4.02{col 54}{space 3}0.000{col 62}{space 4} 315.4551{col 75}{space 3} 917.7799
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 599.9793{col 34}{space 2} 149.1463{col 45}{space 1}    4.02{col 54}{space 3}0.000{col 62}{space 4}  306.919{col 75}{space 3} 893.0396
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 734.1629{col 34}{space 2} 154.0975{col 45}{space 1}    4.76{col 54}{space 3}0.000{col 62}{space 4} 431.3738{col 75}{space 3} 1036.952
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 799.3286{col 34}{space 2} 168.2835{col 45}{space 1}    4.75{col 54}{space 3}0.000{col 62}{space 4} 468.6652{col 75}{space 3} 1129.992
{txt}{space 15}1966  {c |}{col 22}{res}{space 2} 820.0631{col 34}{space 2}  180.225{col 45}{space 1}    4.55{col 54}{space 3}0.000{col 62}{space 4} 465.9358{col 75}{space 3} 1174.191
{txt}{space 15}1967  {c |}{col 22}{res}{space 2} 792.7021{col 34}{space 2} 173.4966{col 45}{space 1}    4.57{col 54}{space 3}0.000{col 62}{space 4} 451.7954{col 75}{space 3} 1133.609
{txt}{space 15}1968  {c |}{col 22}{res}{space 2} 878.0939{col 34}{space 2} 181.7975{col 45}{space 1}    4.83{col 54}{space 3}0.000{col 62}{space 4} 520.8766{col 75}{space 3} 1235.311
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 843.4464{col 34}{space 2}  200.955{col 45}{space 1}    4.20{col 54}{space 3}0.000{col 62}{space 4} 448.5862{col 75}{space 3} 1238.307
{txt}{space 15}1970  {c |}{col 22}{res}{space 2} 798.5345{col 34}{space 2} 192.5931{col 45}{space 1}    4.15{col 54}{space 3}0.000{col 62}{space 4} 420.1048{col 75}{space 3} 1176.964
{txt}{space 15}1971  {c |}{col 22}{res}{space 2}  943.634{col 34}{space 2} 195.6846{col 45}{space 1}    4.82{col 54}{space 3}0.000{col 62}{space 4} 559.1298{col 75}{space 3} 1328.138
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 1190.384{col 34}{space 2} 218.0542{col 45}{space 1}    5.46{col 54}{space 3}0.000{col 62}{space 4} 761.9252{col 75}{space 3} 1618.843
{txt}{space 15}1973  {c |}{col 22}{res}{space 2}   1186.8{col 34}{space 2} 242.1826{col 45}{space 1}    4.90{col 54}{space 3}0.000{col 62}{space 4} 710.9313{col 75}{space 3} 1662.669
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 729.7346{col 34}{space 2} 237.6881{col 45}{space 1}    3.07{col 54}{space 3}0.002{col 62}{space 4} 262.6969{col 75}{space 3} 1196.772
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 760.7174{col 34}{space 2} 219.2327{col 45}{space 1}    3.47{col 54}{space 3}0.001{col 62}{space 4} 329.9429{col 75}{space 3} 1191.492
{txt}{space 15}1976  {c |}{col 22}{res}{space 2} 1265.935{col 34}{space 2} 243.9805{col 45}{space 1}    5.19{col 54}{space 3}0.000{col 62}{space 4} 786.5333{col 75}{space 3} 1745.337
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 1093.454{col 34}{space 2} 289.8225{col 45}{space 1}    3.77{col 54}{space 3}0.000{col 62}{space 4} 523.9761{col 75}{space 3} 1662.931
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 1266.357{col 34}{space 2} 261.1964{col 45}{space 1}    4.85{col 54}{space 3}0.000{col 62}{space 4} 753.1268{col 75}{space 3} 1779.586
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 976.2482{col 34}{space 2} 292.4595{col 45}{space 1}    3.34{col 54}{space 3}0.001{col 62}{space 4} 401.5891{col 75}{space 3} 1550.907
{txt}{space 15}1980  {c |}{col 22}{res}{space 2} 622.0512{col 34}{space 2} 255.0287{col 45}{space 1}    2.44{col 54}{space 3}0.015{col 62}{space 4} 120.9407{col 75}{space 3} 1123.162
{txt}{space 15}1981  {c |}{col 22}{res}{space 2} 1148.221{col 34}{space 2} 259.6769{col 45}{space 1}    4.42{col 54}{space 3}0.000{col 62}{space 4} 637.9767{col 75}{space 3} 1658.464
{txt}{space 15}1982  {c |}{col 22}{res}{space 2} 992.8061{col 34}{space 2} 300.2011{col 45}{space 1}    3.31{col 54}{space 3}0.001{col 62}{space 4} 402.9354{col 75}{space 3} 1582.677
{txt}{space 15}1983  {c |}{col 22}{res}{space 2} 1044.931{col 34}{space 2} 277.9366{col 45}{space 1}    3.76{col 54}{space 3}0.000{col 62}{space 4} 498.8079{col 75}{space 3} 1591.053
{txt}{space 15}1984  {c |}{col 22}{res}{space 2} 1513.843{col 34}{space 2} 293.2186{col 45}{space 1}    5.16{col 54}{space 3}0.000{col 62}{space 4} 937.6922{col 75}{space 3} 2089.994
{txt}{space 15}1985  {c |}{col 22}{res}{space 2} 1165.231{col 34}{space 2} 304.6497{col 45}{space 1}    3.82{col 54}{space 3}0.000{col 62}{space 4} 566.6188{col 75}{space 3} 1763.843
{txt}{space 15}1986  {c |}{col 22}{res}{space 2} 1155.842{col 34}{space 2} 270.4673{col 45}{space 1}    4.27{col 54}{space 3}0.000{col 62}{space 4} 624.3958{col 75}{space 3} 1687.288
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 1165.638{col 34}{space 2} 290.4907{col 45}{space 1}    4.01{col 54}{space 3}0.000{col 62}{space 4} 594.8472{col 75}{space 3} 1736.428
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 1367.816{col 34}{space 2} 280.2158{col 45}{space 1}    4.88{col 54}{space 3}0.000{col 62}{space 4} 817.2149{col 75}{space 3} 1918.417
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 1356.877{col 34}{space 2} 319.7286{col 45}{space 1}    4.24{col 54}{space 3}0.000{col 62}{space 4} 728.6363{col 75}{space 3} 1985.118
{txt}{space 15}1990  {c |}{col 22}{res}{space 2} 1156.228{col 34}{space 2} 311.9161{col 45}{space 1}    3.71{col 54}{space 3}0.000{col 62}{space 4} 543.3383{col 75}{space 3} 1769.118
{txt}{space 15}1991  {c |}{col 22}{res}{space 2} 1144.781{col 34}{space 2} 301.5139{col 45}{space 1}    3.80{col 54}{space 3}0.000{col 62}{space 4} 552.3312{col 75}{space 3} 1737.232
{txt}{space 15}1992  {c |}{col 22}{res}{space 2} 1516.106{col 34}{space 2} 300.6255{col 45}{space 1}    5.04{col 54}{space 3}0.000{col 62}{space 4}  925.401{col 75}{space 3}  2106.81
{txt}{space 15}1993  {c |}{col 22}{res}{space 2} 1225.475{col 34}{space 2} 341.1176{col 45}{space 1}    3.59{col 54}{space 3}0.000{col 62}{space 4} 555.2067{col 75}{space 3} 1895.743
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 1438.796{col 34}{space 2} 310.4124{col 45}{space 1}    4.64{col 54}{space 3}0.000{col 62}{space 4} 828.8609{col 75}{space 3} 2048.731
{txt}{space 15}1995  {c |}{col 22}{res}{space 2} 1381.543{col 34}{space 2} 337.4169{col 45}{space 1}    4.09{col 54}{space 3}0.000{col 62}{space 4} 718.5467{col 75}{space 3}  2044.54
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 1379.014{col 34}{space 2} 321.9761{col 45}{space 1}    4.28{col 54}{space 3}0.000{col 62}{space 4} 746.3573{col 75}{space 3} 2011.671
{txt}{space 15}1997  {c |}{col 22}{res}{space 2} 1536.828{col 34}{space 2} 339.8478{col 45}{space 1}    4.52{col 54}{space 3}0.000{col 62}{space 4} 869.0552{col 75}{space 3} 2204.602
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 1722.596{col 34}{space 2} 333.8032{col 45}{space 1}    5.16{col 54}{space 3}0.000{col 62}{space 4} 1066.699{col 75}{space 3} 2378.492
{txt}{space 15}1999  {c |}{col 22}{res}{space 2} 1394.563{col 34}{space 2} 369.6318{col 45}{space 1}    3.77{col 54}{space 3}0.000{col 62}{space 4} 668.2667{col 75}{space 3} 2120.859
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 1613.383{col 34}{space 2} 341.3453{col 45}{space 1}    4.73{col 54}{space 3}0.000{col 62}{space 4}  942.667{col 75}{space 3} 2284.099
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 1634.858{col 34}{space 2} 387.5712{col 45}{space 1}    4.22{col 54}{space 3}0.000{col 62}{space 4} 873.3117{col 75}{space 3} 2396.403
{txt}{space 15}2002  {c |}{col 22}{res}{space 2} 1398.711{col 34}{space 2} 359.5479{col 45}{space 1}    3.89{col 54}{space 3}0.000{col 62}{space 4} 692.2291{col 75}{space 3} 2105.194
{txt}{space 15}2003  {c |}{col 22}{res}{space 2} 1531.093{col 34}{space 2} 367.7691{col 45}{space 1}    4.16{col 54}{space 3}0.000{col 62}{space 4} 808.4569{col 75}{space 3}  2253.73
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 1766.756{col 34}{space 2} 400.7128{col 45}{space 1}    4.41{col 54}{space 3}0.000{col 62}{space 4} 979.3882{col 75}{space 3} 2554.124
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 1645.573{col 34}{space 2} 412.8295{col 45}{space 1}    3.99{col 54}{space 3}0.000{col 62}{space 4} 834.3963{col 75}{space 3} 2456.749
{txt}{space 15}2006  {c |}{col 22}{res}{space 2} 1951.562{col 34}{space 2} 427.5702{col 45}{space 1}    4.56{col 54}{space 3}0.000{col 62}{space 4} 1111.421{col 75}{space 3} 2791.702
{txt}{space 15}2007  {c |}{col 22}{res}{space 2} 1804.625{col 34}{space 2} 436.7916{col 45}{space 1}    4.13{col 54}{space 3}0.000{col 62}{space 4} 946.3653{col 75}{space 3} 2662.885
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 1693.676{col 34}{space 2} 470.2819{col 45}{space 1}    3.60{col 54}{space 3}0.000{col 62}{space 4} 769.6101{col 75}{space 3} 2617.741
{txt}{space 15}2009  {c |}{col 22}{res}{space 2} 1063.053{col 34}{space 2} 370.3203{col 45}{space 1}    2.87{col 54}{space 3}0.004{col 62}{space 4} 335.4039{col 75}{space 3} 1790.702
{txt}{space 15}2010  {c |}{col 22}{res}{space 2} 1812.272{col 34}{space 2} 392.5478{col 45}{space 1}    4.62{col 54}{space 3}0.000{col 62}{space 4} 1040.947{col 75}{space 3} 2583.596
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2}  72.4383{col 34}{space 2} 305.6511{col 45}{space 1}    0.24{col 54}{space 3}0.813{col 62}{space 4}-528.1413{col 75}{space 3} 673.0179
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallfullos if oldsouth==1
{txt}(option xb assumed; fitted values)
(2,763 missing values generated)

{com}. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   480) ={res}   13.16
{txt}{col 13}Prob > F ={res}    0.0003
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   480) ={res}    6.62
{txt}{col 13}Prob > F ={res}    0.0015
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney +  l3.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney + L3D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-5.606872{col 26}{space 2} 3.201113{col 37}{space 1}   -1.75{col 46}{space 3}0.080{col 54}{space 4} -11.8968{col 67}{space 3} .6830546
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 19.42044{col 26}{space 2} 4.535379{col 37}{space 1}    4.28{col 46}{space 3}0.000{col 54}{space 4} 10.53126{col 67}{space 3} 28.30961
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. *
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui regress d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if oldsouth==1
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       585{col 27}-197.0481{col 38}-106.1916{col 49}    89{col 58} 390.3833{col 69} 779.4567
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ****** PARTISAN COMPETITION EQUATION*********
. 
. 
. newey d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if oldsouth==1, lag(8) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       585
{txt}maximum lag: {res}8{col 49}{txt}F( 88,       496){col 67}= {res}      5.54
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.              {col 18}{c |}{col 30}  Newey-West
{col 1}ihsklarnerranney{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ihsklarnerranney {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} -.041074{col 30}{space 2} .0175792{col 41}{space 1}   -2.34{col 50}{space 3}0.020{col 58}{space 4}-.0756129{col 71}{space 3}-.0065351
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-3.31e-06{col 30}{space 2} .0000233{col 41}{space 1}   -0.14{col 50}{space 3}0.887{col 58}{space 4}-.0000491{col 71}{space 3} .0000424
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} -.069382{col 30}{space 2} .0805045{col 41}{space 1}   -0.86{col 50}{space 3}0.389{col 58}{space 4}-.2275538{col 71}{space 3} .0887899
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}D1. {c |}{col 18}{res}{space 2}-.0000527{col 30}{space 2} .0000642{col 41}{space 1}   -0.82{col 50}{space 3}0.412{col 58}{space 4}-.0001787{col 71}{space 3} .0000734
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2}-.2030833{col 30}{space 2} .0593162{col 41}{space 1}   -3.42{col 50}{space 3}0.001{col 58}{space 4}-.3196252{col 71}{space 3}-.0865413
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} 8.23e-06{col 30}{space 2} .0000714{col 41}{space 1}    0.12{col 50}{space 3}0.908{col 58}{space 4}-.0001321{col 71}{space 3} .0001485
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L3D. {c |}{col 18}{res}{space 2}-.0956591{col 30}{space 2} .0454737{col 41}{space 1}   -2.10{col 50}{space 3}0.036{col 58}{space 4}-.1850039{col 71}{space 3}-.0063142
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2} 5.92e-06{col 30}{space 2} .0000775{col 41}{space 1}    0.08{col 50}{space 3}0.939{col 58}{space 4}-.0001463{col 71}{space 3} .0001582
{txt}{space 16} {c |}
{space 7}gov_party {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0669209{col 30}{space 2} .0402541{col 41}{space 1}   -1.66{col 50}{space 3}0.097{col 58}{space 4}-.1460104{col 71}{space 3} .0121686
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0175006{col 30}{space 2}  .053019{col 41}{space 1}   -0.33{col 50}{space 3}0.741{col 58}{space 4}-.1216702{col 71}{space 3}  .086669
{txt}{space 16} {c |}
{space 5}dem_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .1007507{col 30}{space 2} .0448094{col 41}{space 1}    2.25{col 50}{space 3}0.025{col 58}{space 4}  .012711{col 71}{space 3} .1887904
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .0045169{col 30}{space 2} .0575319{col 41}{space 1}    0.08{col 50}{space 3}0.937{col 58}{space 4}-.1085194{col 71}{space 3} .1175533
{txt}{space 16} {c |}
{space 5}rep_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0865017{col 30}{space 2} .0509027{col 41}{space 1}   -1.70{col 50}{space 3}0.090{col 58}{space 4}-.1865131{col 71}{space 3} .0135097
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}-.0393799{col 30}{space 2} .0638935{col 41}{space 1}   -0.62{col 50}{space 3}0.538{col 58}{space 4}-.1649152{col 71}{space 3} .0861553
{txt}{space 16} {c |}
{space 2}electedjudges1 {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0351266{col 30}{space 2}  .041386{col 41}{space 1}    0.85{col 50}{space 3}0.396{col 58}{space 4}-.0461869{col 71}{space 3} .1164401
{txt}{space 13}LD. {c |}{col 18}{res}{space 2}  .024721{col 30}{space 2} .0408623{col 41}{space 1}    0.60{col 50}{space 3}0.545{col 58}{space 4}-.0555636{col 71}{space 3} .1050056
{txt}{space 16} {c |}
{space 6}state_fips {c |}
{space 14}5  {c |}{col 18}{res}{space 2}-.0149515{col 30}{space 2} .0657633{col 41}{space 1}   -0.23{col 50}{space 3}0.820{col 58}{space 4}-.1441605{col 71}{space 3} .1142576
{txt}{space 13}21  {c |}{col 18}{res}{space 2} .0165445{col 30}{space 2} .0669231{col 41}{space 1}    0.25{col 50}{space 3}0.805{col 58}{space 4}-.1149433{col 71}{space 3} .1480323
{txt}{space 13}22  {c |}{col 18}{res}{space 2}  .019588{col 30}{space 2}   .05934{col 41}{space 1}    0.33{col 50}{space 3}0.741{col 58}{space 4}-.0970007{col 71}{space 3} .1361768
{txt}{space 13}28  {c |}{col 18}{res}{space 2}  .013484{col 30}{space 2} .0709872{col 41}{space 1}    0.19{col 50}{space 3}0.849{col 58}{space 4}-.1259886{col 71}{space 3} .1529567
{txt}{space 13}40  {c |}{col 18}{res}{space 2} .0347199{col 30}{space 2}  .067597{col 41}{space 1}    0.51{col 50}{space 3}0.608{col 58}{space 4}-.0980919{col 71}{space 3} .1675316
{txt}{space 13}45  {c |}{col 18}{res}{space 2}  .088704{col 30}{space 2} .0931643{col 41}{space 1}    0.95{col 50}{space 3}0.341{col 58}{space 4}-.0943414{col 71}{space 3} .2717494
{txt}{space 13}47  {c |}{col 18}{res}{space 2} .0446577{col 30}{space 2} .0723201{col 41}{space 1}    0.62{col 50}{space 3}0.537{col 58}{space 4}-.0974338{col 71}{space 3} .1867492
{txt}{space 13}54  {c |}{col 18}{res}{space 2}-.0100334{col 30}{space 2}  .065797{col 41}{space 1}   -0.15{col 50}{space 3}0.879{col 58}{space 4}-.1393086{col 71}{space 3} .1192417
{txt}{space 16} {c |}
{space 12}year {c |}
{space 11}1947  {c |}{col 18}{res}{space 2}-.0354674{col 30}{space 2} .0710959{col 41}{space 1}   -0.50{col 50}{space 3}0.618{col 58}{space 4}-.1751536{col 71}{space 3} .1042188
{txt}{space 11}1948  {c |}{col 18}{res}{space 2}-.0044489{col 30}{space 2} .0892034{col 41}{space 1}   -0.05{col 50}{space 3}0.960{col 58}{space 4}-.1797119{col 71}{space 3} .1708142
{txt}{space 11}1949  {c |}{col 18}{res}{space 2}-.2190231{col 30}{space 2} .1382022{col 41}{space 1}   -1.58{col 50}{space 3}0.114{col 58}{space 4} -.490557{col 71}{space 3} .0525108
{txt}{space 11}1950  {c |}{col 18}{res}{space 2}-.0773654{col 30}{space 2} .0799624{col 41}{space 1}   -0.97{col 50}{space 3}0.334{col 58}{space 4}-.2344723{col 71}{space 3} .0797414
{txt}{space 11}1951  {c |}{col 18}{res}{space 2}   .01664{col 30}{space 2} .0849658{col 41}{space 1}    0.20{col 50}{space 3}0.845{col 58}{space 4}-.1502974{col 71}{space 3} .1835773
{txt}{space 11}1952  {c |}{col 18}{res}{space 2}-.0246871{col 30}{space 2} .0700087{col 41}{space 1}   -0.35{col 50}{space 3}0.725{col 58}{space 4}-.1622372{col 71}{space 3}  .112863
{txt}{space 11}1953  {c |}{col 18}{res}{space 2} .0870766{col 30}{space 2} .0929363{col 41}{space 1}    0.94{col 50}{space 3}0.349{col 58}{space 4}-.0955207{col 71}{space 3}  .269674
{txt}{space 11}1954  {c |}{col 18}{res}{space 2}-.0278599{col 30}{space 2} .0648146{col 41}{space 1}   -0.43{col 50}{space 3}0.667{col 58}{space 4}-.1552049{col 71}{space 3}  .099485
{txt}{space 11}1955  {c |}{col 18}{res}{space 2}-.0396135{col 30}{space 2} .1554718{col 41}{space 1}   -0.25{col 50}{space 3}0.799{col 58}{space 4} -.345078{col 71}{space 3} .2658511
{txt}{space 11}1956  {c |}{col 18}{res}{space 2}-.0108716{col 30}{space 2} .0929855{col 41}{space 1}   -0.12{col 50}{space 3}0.907{col 58}{space 4}-.1935657{col 71}{space 3} .1718226
{txt}{space 11}1957  {c |}{col 18}{res}{space 2}-.0449054{col 30}{space 2} .1057208{col 41}{space 1}   -0.42{col 50}{space 3}0.671{col 58}{space 4}-.2526213{col 71}{space 3} .1628105
{txt}{space 11}1958  {c |}{col 18}{res}{space 2}-.0112358{col 30}{space 2} .0804402{col 41}{space 1}   -0.14{col 50}{space 3}0.889{col 58}{space 4}-.1692814{col 71}{space 3} .1468098
{txt}{space 11}1959  {c |}{col 18}{res}{space 2}-.3683628{col 30}{space 2} .2146645{col 41}{space 1}   -1.72{col 50}{space 3}0.087{col 58}{space 4}-.7901268{col 71}{space 3} .0534011
{txt}{space 11}1960  {c |}{col 18}{res}{space 2}-.0770819{col 30}{space 2} .0945298{col 41}{space 1}   -0.82{col 50}{space 3}0.415{col 58}{space 4}-.2628102{col 71}{space 3} .1086463
{txt}{space 11}1961  {c |}{col 18}{res}{space 2}  .052552{col 30}{space 2} .1058102{col 41}{space 1}    0.50{col 50}{space 3}0.620{col 58}{space 4}-.1553396{col 71}{space 3} .2604435
{txt}{space 11}1962  {c |}{col 18}{res}{space 2}-.0253179{col 30}{space 2} .0978562{col 41}{space 1}   -0.26{col 50}{space 3}0.796{col 58}{space 4}-.2175817{col 71}{space 3} .1669459
{txt}{space 11}1963  {c |}{col 18}{res}{space 2}  .260279{col 30}{space 2} .1712624{col 41}{space 1}    1.52{col 50}{space 3}0.129{col 58}{space 4}-.0762102{col 71}{space 3} .5967682
{txt}{space 11}1964  {c |}{col 18}{res}{space 2} .3134712{col 30}{space 2} .1736655{col 41}{space 1}    1.81{col 50}{space 3}0.072{col 58}{space 4}-.0277396{col 71}{space 3}  .654682
{txt}{space 11}1965  {c |}{col 18}{res}{space 2} .0417699{col 30}{space 2}  .179073{col 41}{space 1}    0.23{col 50}{space 3}0.816{col 58}{space 4}-.3100654{col 71}{space 3} .3936051
{txt}{space 11}1966  {c |}{col 18}{res}{space 2} .4684153{col 30}{space 2} .2212908{col 41}{space 1}    2.12{col 50}{space 3}0.035{col 58}{space 4} .0336324{col 71}{space 3} .9031982
{txt}{space 11}1967  {c |}{col 18}{res}{space 2} .6966441{col 30}{space 2}  .337151{col 41}{space 1}    2.07{col 50}{space 3}0.039{col 58}{space 4}  .034224{col 71}{space 3} 1.359064
{txt}{space 11}1968  {c |}{col 18}{res}{space 2}-.1641557{col 30}{space 2} .2995825{col 41}{space 1}   -0.55{col 50}{space 3}0.584{col 58}{space 4}-.7527629{col 71}{space 3} .4244515
{txt}{space 11}1969  {c |}{col 18}{res}{space 2} .2140661{col 30}{space 2} .1827081{col 41}{space 1}    1.17{col 50}{space 3}0.242{col 58}{space 4}-.1449112{col 71}{space 3} .5730434
{txt}{space 11}1970  {c |}{col 18}{res}{space 2} .4393449{col 30}{space 2} .2069271{col 41}{space 1}    2.12{col 50}{space 3}0.034{col 58}{space 4} .0327833{col 71}{space 3} .8459066
{txt}{space 11}1971  {c |}{col 18}{res}{space 2} .0250776{col 30}{space 2} .1257569{col 41}{space 1}    0.20{col 50}{space 3}0.842{col 58}{space 4}-.2220043{col 71}{space 3} .2721595
{txt}{space 11}1972  {c |}{col 18}{res}{space 2} .1661469{col 30}{space 2} .1882574{col 41}{space 1}    0.88{col 50}{space 3}0.378{col 58}{space 4}-.2037334{col 71}{space 3} .5360272
{txt}{space 11}1973  {c |}{col 18}{res}{space 2} .1830272{col 30}{space 2} .1578862{col 41}{space 1}    1.16{col 50}{space 3}0.247{col 58}{space 4}-.1271809{col 71}{space 3} .4932354
{txt}{space 11}1974  {c |}{col 18}{res}{space 2}-.0065799{col 30}{space 2} .1480899{col 41}{space 1}   -0.04{col 50}{space 3}0.965{col 58}{space 4}-.2975408{col 71}{space 3}  .284381
{txt}{space 11}1975  {c |}{col 18}{res}{space 2}-.1667724{col 30}{space 2}  .217954{col 41}{space 1}   -0.77{col 50}{space 3}0.445{col 58}{space 4}-.5949993{col 71}{space 3} .2614546
{txt}{space 11}1976  {c |}{col 18}{res}{space 2} .0233628{col 30}{space 2} .1597608{col 41}{space 1}    0.15{col 50}{space 3}0.884{col 58}{space 4}-.2905286{col 71}{space 3} .3372542
{txt}{space 11}1977  {c |}{col 18}{res}{space 2} .2846943{col 30}{space 2} .3268247{col 41}{space 1}    0.87{col 50}{space 3}0.384{col 58}{space 4}-.3574372{col 71}{space 3} .9268259
{txt}{space 11}1978  {c |}{col 18}{res}{space 2}  .048098{col 30}{space 2} .1497008{col 41}{space 1}    0.32{col 50}{space 3}0.748{col 58}{space 4}-.2460278{col 71}{space 3} .3422239
{txt}{space 11}1979  {c |}{col 18}{res}{space 2} .2257259{col 30}{space 2} .1824871{col 41}{space 1}    1.24{col 50}{space 3}0.217{col 58}{space 4}-.1328171{col 71}{space 3} .5842688
{txt}{space 11}1980  {c |}{col 18}{res}{space 2} .1093967{col 30}{space 2}  .153723{col 41}{space 1}    0.71{col 50}{space 3}0.477{col 58}{space 4}-.1926318{col 71}{space 3} .4114252
{txt}{space 11}1981  {c |}{col 18}{res}{space 2} .2160096{col 30}{space 2} .1672059{col 41}{space 1}    1.29{col 50}{space 3}0.197{col 58}{space 4}-.1125096{col 71}{space 3} .5445288
{txt}{space 11}1982  {c |}{col 18}{res}{space 2} .1008652{col 30}{space 2} .1737747{col 41}{space 1}    0.58{col 50}{space 3}0.562{col 58}{space 4}  -.24056{col 71}{space 3} .4422904
{txt}{space 11}1983  {c |}{col 18}{res}{space 2} .2305725{col 30}{space 2} .2506262{col 41}{space 1}    0.92{col 50}{space 3}0.358{col 58}{space 4}-.2618474{col 71}{space 3} .7229923
{txt}{space 11}1984  {c |}{col 18}{res}{space 2} .1406568{col 30}{space 2} .1831355{col 41}{space 1}    0.77{col 50}{space 3}0.443{col 58}{space 4}-.2191602{col 71}{space 3} .5004738
{txt}{space 11}1985  {c |}{col 18}{res}{space 2} .4095884{col 30}{space 2} .2205686{col 41}{space 1}    1.86{col 50}{space 3}0.064{col 58}{space 4}-.0237756{col 71}{space 3} .8429523
{txt}{space 11}1986  {c |}{col 18}{res}{space 2} .0951453{col 30}{space 2} .1699701{col 41}{space 1}    0.56{col 50}{space 3}0.576{col 58}{space 4}-.2388049{col 71}{space 3} .4290956
{txt}{space 11}1987  {c |}{col 18}{res}{space 2} .2919282{col 30}{space 2} .2035303{col 41}{space 1}    1.43{col 50}{space 3}0.152{col 58}{space 4}-.1079597{col 71}{space 3} .6918161
{txt}{space 11}1988  {c |}{col 18}{res}{space 2} .1678961{col 30}{space 2} .1863603{col 41}{space 1}    0.90{col 50}{space 3}0.368{col 58}{space 4}-.1982569{col 71}{space 3}  .534049
{txt}{space 11}1989  {c |}{col 18}{res}{space 2} .1757488{col 30}{space 2} .2025875{col 41}{space 1}    0.87{col 50}{space 3}0.386{col 58}{space 4}-.2222867{col 71}{space 3} .5737843
{txt}{space 11}1990  {c |}{col 18}{res}{space 2} .1537934{col 30}{space 2} .1931277{col 41}{space 1}    0.80{col 50}{space 3}0.426{col 58}{space 4}-.2256557{col 71}{space 3} .5332426
{txt}{space 11}1991  {c |}{col 18}{res}{space 2} .1527839{col 30}{space 2} .1996791{col 41}{space 1}    0.77{col 50}{space 3}0.445{col 58}{space 4}-.2395373{col 71}{space 3} .5451051
{txt}{space 11}1992  {c |}{col 18}{res}{space 2} .1526552{col 30}{space 2} .2070292{col 41}{space 1}    0.74{col 50}{space 3}0.461{col 58}{space 4} -.254107{col 71}{space 3} .5594175
{txt}{space 11}1993  {c |}{col 18}{res}{space 2} .1716528{col 30}{space 2}  .215389{col 41}{space 1}    0.80{col 50}{space 3}0.426{col 58}{space 4}-.2515346{col 71}{space 3} .5948401
{txt}{space 11}1994  {c |}{col 18}{res}{space 2} .1592551{col 30}{space 2} .2047541{col 41}{space 1}    0.78{col 50}{space 3}0.437{col 58}{space 4}-.2430372{col 71}{space 3} .5615473
{txt}{space 11}1995  {c |}{col 18}{res}{space 2} .3793003{col 30}{space 2} .2156936{col 41}{space 1}    1.76{col 50}{space 3}0.079{col 58}{space 4}-.0444855{col 71}{space 3}  .803086
{txt}{space 11}1996  {c |}{col 18}{res}{space 2}  .253261{col 30}{space 2} .2182111{col 41}{space 1}    1.16{col 50}{space 3}0.246{col 58}{space 4} -.175471{col 71}{space 3}  .681993
{txt}{space 11}1997  {c |}{col 18}{res}{space 2} .2284008{col 30}{space 2}  .221133{col 41}{space 1}    1.03{col 50}{space 3}0.302{col 58}{space 4}-.2060721{col 71}{space 3} .6628737
{txt}{space 11}1998  {c |}{col 18}{res}{space 2} .2162331{col 30}{space 2}   .23015{col 41}{space 1}    0.94{col 50}{space 3}0.348{col 58}{space 4}-.2359561{col 71}{space 3} .6684223
{txt}{space 11}1999  {c |}{col 18}{res}{space 2}  .166882{col 30}{space 2} .2395987{col 41}{space 1}    0.70{col 50}{space 3}0.486{col 58}{space 4}-.3038715{col 71}{space 3} .6376356
{txt}{space 11}2000  {c |}{col 18}{res}{space 2} .1847821{col 30}{space 2} .2315821{col 41}{space 1}    0.80{col 50}{space 3}0.425{col 58}{space 4}-.2702208{col 71}{space 3}  .639785
{txt}{space 11}2001  {c |}{col 18}{res}{space 2} .2418279{col 30}{space 2} .2507467{col 41}{space 1}    0.96{col 50}{space 3}0.335{col 58}{space 4}-.2508287{col 71}{space 3} .7344845
{txt}{space 11}2002  {c |}{col 18}{res}{space 2} .1681885{col 30}{space 2} .2452448{col 41}{space 1}    0.69{col 50}{space 3}0.493{col 58}{space 4}-.3136582{col 71}{space 3} .6500351
{txt}{space 11}2003  {c |}{col 18}{res}{space 2} .2579555{col 30}{space 2} .2503516{col 41}{space 1}    1.03{col 50}{space 3}0.303{col 58}{space 4}-.2339248{col 71}{space 3} .7498358
{txt}{space 11}2004  {c |}{col 18}{res}{space 2} .2128353{col 30}{space 2} .2596172{col 41}{space 1}    0.82{col 50}{space 3}0.413{col 58}{space 4}-.2972497{col 71}{space 3} .7229204
{txt}{space 11}2005  {c |}{col 18}{res}{space 2} .2263634{col 30}{space 2} .2663122{col 41}{space 1}    0.85{col 50}{space 3}0.396{col 58}{space 4}-.2968757{col 71}{space 3} .7496024
{txt}{space 11}2006  {c |}{col 18}{res}{space 2} .2254171{col 30}{space 2} .2662042{col 41}{space 1}    0.85{col 50}{space 3}0.398{col 58}{space 4}-.2976099{col 71}{space 3} .7484441
{txt}{space 11}2007  {c |}{col 18}{res}{space 2} .2116049{col 30}{space 2} .2825007{col 41}{space 1}    0.75{col 50}{space 3}0.454{col 58}{space 4}-.3434406{col 71}{space 3} .7666505
{txt}{space 11}2008  {c |}{col 18}{res}{space 2} .2010139{col 30}{space 2} .2752386{col 41}{space 1}    0.73{col 50}{space 3}0.466{col 58}{space 4}-.3397634{col 71}{space 3} .7417912
{txt}{space 11}2009  {c |}{col 18}{res}{space 2} .1507347{col 30}{space 2} .2827069{col 41}{space 1}    0.53{col 50}{space 3}0.594{col 58}{space 4} -.404716{col 71}{space 3} .7061855
{txt}{space 11}2010  {c |}{col 18}{res}{space 2} .2182435{col 30}{space 2}  .291897{col 41}{space 1}    0.75{col 50}{space 3}0.455{col 58}{space 4}-.3552635{col 71}{space 3} .7917505
{txt}{space 16} {c |}
{space 11}_cons {c |}{col 18}{res}{space 2} .0393002{col 30}{space 2}  .142525{col 41}{space 1}    0.28{col 50}{space 3}0.783{col 58}{space 4}-.2407269{col 71}{space 3} .3193273
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict ihsklarnerranneyhatallfullos if oldsouth==1
{txt}(option xb assumed; fitted values)
(2,754 missing values generated)

{com}. 
. 
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.ihsklarnerranney = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney = 0{p_end}

{txt}       F(  1,   496) ={res}    5.46
{txt}{col 13}Prob > F ={res}    0.0199
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.ihsklarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.ihsklarnerranney = 0{p_end}

{txt}       F(  2,   496) ={res}    2.75
{txt}{col 13}Prob > F ={res}    0.0651
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-.0000385{col 26}{space 2} .0001306{col 37}{space 1}   -0.29{col 46}{space 3}0.768{col 54}{space 4}-.0002951{col 67}{space 3} .0002181
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2}-.0000806{col 26}{space 2} .0005687{col 37}{space 1}   -0.14{col 46}{space 3}0.887{col 54}{space 4}-.0011952{col 67}{space 3}  .001034
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. *
. 
. 
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. // (4,3)  MODEL
. 
. 
. 
. 
. *** IV.B: OLD SOUTH STATES (N = 9): PRE-PARTISAN ALIGNMENT TIME PERIOD (1942 - 1980) ***
. 
. 
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified  i.state_fips i.year if year <=1980 & oldsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       315{col 27}-2180.656{col 38}-1886.803{col 49}    63{col 58} 3899.605{col 69} 4136.017
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified  i.state_fips i.year if year <=1980 & oldsouth==1, lag(6) force
{txt}note: L.rep_unified omitted because of collinearity
note: LD.rep_unified omitted because of collinearity

Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 62,       252){col 67}= {res}    106.80
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.2630431{col 34}{space 2} .0782654{col 45}{space 1}   -3.36{col 54}{space 3}0.001{col 62}{space 4}-.4171807{col 75}{space 3}-.1089054
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 1.410259{col 34}{space 2} .8158683{col 45}{space 1}    1.73{col 54}{space 3}0.085{col 62}{space 4}  -.19653{col 75}{space 3} 3.017049
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .2511815{col 34}{space 2} .0753975{col 45}{space 1}    3.33{col 54}{space 3}0.001{col 62}{space 4} .1026919{col 75}{space 3} .3996711
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2}-2.265912{col 34}{space 2} 1.228223{col 45}{space 1}   -1.84{col 54}{space 3}0.066{col 62}{space 4}-4.684802{col 75}{space 3} .1529778
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-.0971749{col 34}{space 2} .0599476{col 45}{space 1}   -1.62{col 54}{space 3}0.106{col 62}{space 4}-.2152371{col 75}{space 3} .0208872
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2}-1.000056{col 34}{space 2} 1.299957{col 45}{space 1}   -0.77{col 54}{space 3}0.442{col 62}{space 4} -3.56022{col 75}{space 3} 1.560107
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.1060946{col 34}{space 2} .0595691{col 45}{space 1}   -1.78{col 54}{space 3}0.076{col 62}{space 4}-.2234113{col 75}{space 3} .0112221
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2}-1.436804{col 34}{space 2} 1.201176{col 45}{space 1}   -1.20{col 54}{space 3}0.233{col 62}{space 4}-3.802427{col 75}{space 3}  .928818
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}  -19.769{col 34}{space 2}   219.41{col 45}{space 1}   -0.09{col 54}{space 3}0.928{col 62}{space 4}-451.8799{col 75}{space 3} 412.3419
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-94.45537{col 34}{space 2} 255.5978{col 45}{space 1}   -0.37{col 54}{space 3}0.712{col 62}{space 4}-597.8354{col 75}{space 3} 408.9247
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-1.785671{col 34}{space 2} 56.53395{col 45}{space 1}   -0.03{col 54}{space 3}0.975{col 62}{space 4}-113.1249{col 75}{space 3} 109.5536
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} .5678123{col 34}{space 2}   71.823{col 45}{space 1}    0.01{col 54}{space 3}0.994{col 62}{space 4} -140.882{col 75}{space 3} 142.0176
{txt}{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} -810.272{col 34}{space 2} 276.0985{col 45}{space 1}   -2.93{col 54}{space 3}0.004{col 62}{space 4}-1354.027{col 75}{space 3}-266.5175
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 718.6445{col 34}{space 2} 502.0888{col 45}{space 1}    1.43{col 54}{space 3}0.154{col 62}{space 4}-270.1805{col 75}{space 3} 1707.469
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 312.7489{col 34}{space 2} 457.1821{col 45}{space 1}    0.68{col 54}{space 3}0.495{col 62}{space 4}-587.6358{col 75}{space 3} 1213.134
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 2457.586{col 34}{space 2} 583.5261{col 45}{space 1}    4.21{col 54}{space 3}0.000{col 62}{space 4} 1308.376{col 75}{space 3} 3606.795
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 88.42416{col 34}{space 2} 33.10478{col 45}{space 1}    2.67{col 54}{space 3}0.008{col 62}{space 4} 23.22686{col 75}{space 3} 153.6215
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-104.5998{col 34}{space 2} 34.21183{col 45}{space 1}   -3.06{col 54}{space 3}0.002{col 62}{space 4}-171.9773{col 75}{space 3}-37.22224
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-35.87302{col 34}{space 2}  43.9629{col 45}{space 1}   -0.82{col 54}{space 3}0.415{col 62}{space 4}-122.4546{col 75}{space 3}  50.7085
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 63.83328{col 34}{space 2} 45.75851{col 45}{space 1}    1.40{col 54}{space 3}0.164{col 62}{space 4}-26.28455{col 75}{space 3} 153.9511
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}        0{col 34}{txt}  (omitted)
{space 17}LD. {c |}{col 22}{res}{space 2}        0{col 34}{txt}  (omitted)
{space 20} {c |}
{space 10}state_fips {c |}
{space 18}5  {c |}{col 22}{res}{space 2}-18.48638{col 34}{space 2}  44.5551{col 45}{space 1}   -0.41{col 54}{space 3}0.679{col 62}{space 4}-106.2342{col 75}{space 3} 69.26143
{txt}{space 17}21  {c |}{col 22}{res}{space 2} 57.36216{col 34}{space 2} 69.98003{col 45}{space 1}    0.82{col 54}{space 3}0.413{col 62}{space 4}-80.45808{col 75}{space 3} 195.1824
{txt}{space 17}22  {c |}{col 22}{res}{space 2} 195.3916{col 34}{space 2} 58.62413{col 45}{space 1}    3.33{col 54}{space 3}0.001{col 62}{space 4} 79.93592{col 75}{space 3} 310.8473
{txt}{space 17}28  {c |}{col 22}{res}{space 2}-214.5699{col 34}{space 2} 76.88305{col 45}{space 1}   -2.79{col 54}{space 3}0.006{col 62}{space 4}-365.9851{col 75}{space 3}-63.15473
{txt}{space 17}40  {c |}{col 22}{res}{space 2} 404.9467{col 34}{space 2} 72.81397{col 45}{space 1}    5.56{col 54}{space 3}0.000{col 62}{space 4} 261.5452{col 75}{space 3} 548.3481
{txt}{space 17}45  {c |}{col 22}{res}{space 2}-40.27638{col 34}{space 2} 33.69084{col 45}{space 1}   -1.20{col 54}{space 3}0.233{col 62}{space 4}-106.6279{col 75}{space 3} 26.07511
{txt}{space 17}47  {c |}{col 22}{res}{space 2}  65.1798{col 34}{space 2} 41.50426{col 45}{space 1}    1.57{col 54}{space 3}0.118{col 62}{space 4}-16.55961{col 75}{space 3} 146.9192
{txt}{space 17}54  {c |}{col 22}{res}{space 2} 22.49031{col 34}{space 2} 71.36566{col 45}{space 1}    0.32{col 54}{space 3}0.753{col 62}{space 4}-118.0588{col 75}{space 3} 163.0394
{txt}{space 20} {c |}
{space 16}year {c |}
{space 15}1947  {c |}{col 22}{res}{space 2} 121.3688{col 34}{space 2} 85.71594{col 45}{space 1}    1.42{col 54}{space 3}0.158{col 62}{space 4}-47.44209{col 75}{space 3} 290.1797
{txt}{space 15}1948  {c |}{col 22}{res}{space 2} 387.7459{col 34}{space 2} 108.4454{col 45}{space 1}    3.58{col 54}{space 3}0.000{col 62}{space 4} 174.1711{col 75}{space 3} 601.3207
{txt}{space 15}1949  {c |}{col 22}{res}{space 2}-11.59538{col 34}{space 2} 111.2622{col 45}{space 1}   -0.10{col 54}{space 3}0.917{col 62}{space 4}-230.7176{col 75}{space 3} 207.5268
{txt}{space 15}1950  {c |}{col 22}{res}{space 2} 203.3745{col 34}{space 2} 83.21991{col 45}{space 1}    2.44{col 54}{space 3}0.015{col 62}{space 4} 39.47936{col 75}{space 3} 367.2697
{txt}{space 15}1951  {c |}{col 22}{res}{space 2} 331.8768{col 34}{space 2} 83.13737{col 45}{space 1}    3.99{col 54}{space 3}0.000{col 62}{space 4} 168.1442{col 75}{space 3} 495.6094
{txt}{space 15}1952  {c |}{col 22}{res}{space 2} 416.1705{col 34}{space 2} 76.36553{col 45}{space 1}    5.45{col 54}{space 3}0.000{col 62}{space 4} 265.7745{col 75}{space 3} 566.5665
{txt}{space 15}1953  {c |}{col 22}{res}{space 2} 450.1872{col 34}{space 2} 70.21633{col 45}{space 1}    6.41{col 54}{space 3}0.000{col 62}{space 4} 311.9016{col 75}{space 3} 588.4728
{txt}{space 15}1954  {c |}{col 22}{res}{space 2} 223.7493{col 34}{space 2} 71.26844{col 45}{space 1}    3.14{col 54}{space 3}0.002{col 62}{space 4} 83.39161{col 75}{space 3} 364.1069
{txt}{space 15}1955  {c |}{col 22}{res}{space 2} 665.9906{col 34}{space 2} 83.78971{col 45}{space 1}    7.95{col 54}{space 3}0.000{col 62}{space 4} 500.9733{col 75}{space 3} 831.0079
{txt}{space 15}1956  {c |}{col 22}{res}{space 2} 574.6504{col 34}{space 2} 93.02127{col 45}{space 1}    6.18{col 54}{space 3}0.000{col 62}{space 4} 391.4522{col 75}{space 3} 757.8485
{txt}{space 15}1957  {c |}{col 22}{res}{space 2} 425.8129{col 34}{space 2} 105.8728{col 45}{space 1}    4.02{col 54}{space 3}0.000{col 62}{space 4} 217.3047{col 75}{space 3}  634.321
{txt}{space 15}1958  {c |}{col 22}{res}{space 2} 530.2605{col 34}{space 2} 106.9862{col 45}{space 1}    4.96{col 54}{space 3}0.000{col 62}{space 4} 319.5596{col 75}{space 3} 740.9614
{txt}{space 15}1959  {c |}{col 22}{res}{space 2} 695.0897{col 34}{space 2} 114.3036{col 45}{space 1}    6.08{col 54}{space 3}0.000{col 62}{space 4} 469.9777{col 75}{space 3} 920.2016
{txt}{space 15}1960  {c |}{col 22}{res}{space 2} 485.0912{col 34}{space 2} 128.1721{col 45}{space 1}    3.78{col 54}{space 3}0.000{col 62}{space 4} 232.6662{col 75}{space 3} 737.5162
{txt}{space 15}1961  {c |}{col 22}{res}{space 2} 685.0498{col 34}{space 2} 132.6692{col 45}{space 1}    5.16{col 54}{space 3}0.000{col 62}{space 4} 423.7681{col 75}{space 3} 946.3316
{txt}{space 15}1962  {c |}{col 22}{res}{space 2} 731.9713{col 34}{space 2} 135.8302{col 45}{space 1}    5.39{col 54}{space 3}0.000{col 62}{space 4} 464.4643{col 75}{space 3} 999.4784
{txt}{space 15}1963  {c |}{col 22}{res}{space 2} 777.8867{col 34}{space 2} 146.8045{col 45}{space 1}    5.30{col 54}{space 3}0.000{col 62}{space 4} 488.7666{col 75}{space 3} 1067.007
{txt}{space 15}1964  {c |}{col 22}{res}{space 2} 928.8726{col 34}{space 2} 155.2804{col 45}{space 1}    5.98{col 54}{space 3}0.000{col 62}{space 4} 623.0599{col 75}{space 3} 1234.685
{txt}{space 15}1965  {c |}{col 22}{res}{space 2} 1054.283{col 34}{space 2} 170.3552{col 45}{space 1}    6.19{col 54}{space 3}0.000{col 62}{space 4} 718.7816{col 75}{space 3} 1389.784
{txt}{space 15}1966  {c |}{col 22}{res}{space 2} 1127.768{col 34}{space 2}  189.177{col 45}{space 1}    5.96{col 54}{space 3}0.000{col 62}{space 4} 755.1982{col 75}{space 3} 1500.337
{txt}{space 15}1967  {c |}{col 22}{res}{space 2} 1198.404{col 34}{space 2} 209.4524{col 45}{space 1}    5.72{col 54}{space 3}0.000{col 62}{space 4} 785.9038{col 75}{space 3} 1610.904
{txt}{space 15}1968  {c |}{col 22}{res}{space 2} 1291.975{col 34}{space 2} 229.5608{col 45}{space 1}    5.63{col 54}{space 3}0.000{col 62}{space 4} 839.8726{col 75}{space 3} 1744.077
{txt}{space 15}1969  {c |}{col 22}{res}{space 2} 1298.255{col 34}{space 2} 266.0653{col 45}{space 1}    4.88{col 54}{space 3}0.000{col 62}{space 4} 774.2597{col 75}{space 3}  1822.25
{txt}{space 15}1970  {c |}{col 22}{res}{space 2} 1309.449{col 34}{space 2}  281.235{col 45}{space 1}    4.66{col 54}{space 3}0.000{col 62}{space 4} 755.5786{col 75}{space 3}  1863.32
{txt}{space 15}1971  {c |}{col 22}{res}{space 2} 1437.147{col 34}{space 2} 298.7208{col 45}{space 1}    4.81{col 54}{space 3}0.000{col 62}{space 4} 848.8396{col 75}{space 3} 2025.455
{txt}{space 15}1972  {c |}{col 22}{res}{space 2} 1713.422{col 34}{space 2} 326.1609{col 45}{space 1}    5.25{col 54}{space 3}0.000{col 62}{space 4} 1071.074{col 75}{space 3} 2355.771
{txt}{space 15}1973  {c |}{col 22}{res}{space 2} 1795.684{col 34}{space 2} 352.9706{col 45}{space 1}    5.09{col 54}{space 3}0.000{col 62}{space 4} 1100.535{col 75}{space 3} 2490.832
{txt}{space 15}1974  {c |}{col 22}{res}{space 2} 1439.348{col 34}{space 2} 366.8432{col 45}{space 1}    3.92{col 54}{space 3}0.000{col 62}{space 4} 716.8789{col 75}{space 3} 2161.817
{txt}{space 15}1975  {c |}{col 22}{res}{space 2} 1531.156{col 34}{space 2}  379.698{col 45}{space 1}    4.03{col 54}{space 3}0.000{col 62}{space 4} 783.3701{col 75}{space 3} 2278.942
{txt}{space 15}1976  {c |}{col 22}{res}{space 2} 1934.247{col 34}{space 2} 395.2617{col 45}{space 1}    4.89{col 54}{space 3}0.000{col 62}{space 4} 1155.809{col 75}{space 3} 2712.684
{txt}{space 15}1977  {c |}{col 22}{res}{space 2} 1734.664{col 34}{space 2} 415.2182{col 45}{space 1}    4.18{col 54}{space 3}0.000{col 62}{space 4} 916.9245{col 75}{space 3} 2552.404
{txt}{space 15}1978  {c |}{col 22}{res}{space 2} 1999.372{col 34}{space 2} 438.3223{col 45}{space 1}    4.56{col 54}{space 3}0.000{col 62}{space 4}  1136.13{col 75}{space 3} 2862.614
{txt}{space 15}1979  {c |}{col 22}{res}{space 2} 1755.961{col 34}{space 2} 443.5133{col 45}{space 1}    3.96{col 54}{space 3}0.000{col 62}{space 4} 882.4958{col 75}{space 3} 2629.426
{txt}{space 15}1980  {c |}{col 22}{res}{space 2} 1492.446{col 34}{space 2} 448.5109{col 45}{space 1}    3.33{col 54}{space 3}0.001{col 62}{space 4} 609.1389{col 75}{space 3} 2375.754
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2} 577.5734{col 34}{space 2} 434.2181{col 45}{space 1}    1.33{col 54}{space 3}0.185{col 62}{space 4}-277.5854{col 75}{space 3} 1432.732
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpre if year<=1980 & oldsouth==1
{txt}(option xb assumed; fitted values)
(3,024 missing values generated)

{com}. 
. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   252) ={res}   11.30
{txt}{col 13}Prob > F ={res}    0.0009
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   252) ={res}    5.76
{txt}{col 13}Prob > F ={res}    0.0036
{txt}
{com}. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-4.702773{col 26}{space 2} 2.081293{col 37}{space 1}   -2.26{col 46}{space 3}0.025{col 54}{space 4}-8.801717{col 67}{space 3}-.6038291
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 5.361325{col 26}{space 2} 2.445997{col 37}{space 1}    2.19{col 46}{space 3}0.028{col 54}{space 4} .5672587{col 67}{space 3} 10.15539
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum klarnerranney   if real_pc_inc_annhatallpre!=. & year<=1980 & oldsouth==1, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res}        0              0
{txt} 5%    {res}        0              0
{txt}10%    {res}        0              0       {txt}Obs         {res}        315
{txt}25%    {res} .9433962              0       {txt}Sum of Wgt. {res}        315

{txt}50%    {res} 8.571429                      {txt}Mean          {res} 23.94992
                        {txt}Largest       Std. Dev.     {res}  26.1022
{txt}75%    {res} 44.05263       86.86869
{txt}90%    {res} 65.65657       89.89899       {txt}Variance      {res} 681.3247
{txt}95%    {res} 75.75758       90.90909       {txt}Skewness      {res} .7897964
{txt}99%    {res} 86.86869       90.90909       {txt}Kurtosis      {res} 2.376814
{txt}
{com}. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF  klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*44.05263  -  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*0.9433962

       {txt}_nl_1:  {res}(_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*44.05263 - (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*0.9433962

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 231.1226{col 26}{space 2} 105.4451{col 37}{space 1}    2.19{col 46}{space 3}0.028{col 54}{space 4} 24.45409{col 67}{space 3} 437.7911
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui regress d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year <=1980 & oldsouth==1
{txt}
{com}. 
. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       315{col 27}-184.4023{col 38}-127.5152{col 49}    57{col 58} 369.0303{col 69}  582.927
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. *
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. 
. newey d.ihsklarnerranney  l.ihsklarnerranney l.real_pc_inc_ann l.d.ihsklarnerranney d.real_pc_inc_ann  l2.d.ihsklarnerranney  l.d.real_pc_inc_ann  l3.d.ihsklarnerranney l2.d.real_pc_inc_ann l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1 i.state_fips i.year if year <=1980 & oldsouth==1, lag(6) force
{txt}note: L.rep_unified omitted because of collinearity
note: LD.rep_unified omitted because of collinearity

Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       315
{txt}maximum lag: {res}6{col 49}{txt}F( 56,       258){col 67}= {res}      4.23
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.              {col 18}{c |}{col 30}  Newey-West
{col 1}ihsklarnerranney{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ihsklarnerranney {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.1073443{col 30}{space 2} .0479669{col 41}{space 1}   -2.24{col 50}{space 3}0.026{col 58}{space 4}-.2018008{col 71}{space 3}-.0128879
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.0002226{col 30}{space 2} .0001646{col 41}{space 1}   -1.35{col 50}{space 3}0.177{col 58}{space 4}-.0005468{col 71}{space 3} .0001015
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 13}LD. {c |}{col 18}{res}{space 2}-.0246492{col 30}{space 2} .1023902{col 41}{space 1}   -0.24{col 50}{space 3}0.810{col 58}{space 4}-.2262762{col 71}{space 3} .1769778
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}D1. {c |}{col 18}{res}{space 2}-.0003231{col 30}{space 2}  .000154{col 41}{space 1}   -2.10{col 50}{space 3}0.037{col 58}{space 4}-.0006264{col 71}{space 3}-.0000198
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2} -.206536{col 30}{space 2} .0654506{col 41}{space 1}   -3.16{col 50}{space 3}0.002{col 58}{space 4}-.3354215{col 71}{space 3}-.0776506
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 13}LD. {c |}{col 18}{res}{space 2} .0002074{col 30}{space 2} .0002061{col 41}{space 1}    1.01{col 50}{space 3}0.315{col 58}{space 4}-.0001985{col 71}{space 3} .0006133
{txt}{space 16} {c |}
ihsklarnerranney {c |}
{space 12}L3D. {c |}{col 18}{res}{space 2}-.0790222{col 30}{space 2} .0576328{col 41}{space 1}   -1.37{col 50}{space 3}0.172{col 58}{space 4}-.1925128{col 71}{space 3} .0344684
{txt}{space 16} {c |}
{space 1}real_pc_inc_ann {c |}
{space 12}L2D. {c |}{col 18}{res}{space 2}-.0000135{col 30}{space 2} .0002024{col 41}{space 1}   -0.07{col 50}{space 3}0.947{col 58}{space 4}-.0004121{col 71}{space 3} .0003851
{txt}{space 16} {c |}
{space 7}gov_party {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0862782{col 30}{space 2} .1263139{col 41}{space 1}    0.68{col 50}{space 3}0.495{col 58}{space 4}-.1624593{col 71}{space 3} .3350157
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} -.234065{col 30}{space 2} .1110455{col 41}{space 1}   -2.11{col 50}{space 3}0.036{col 58}{space 4}-.4527359{col 71}{space 3}-.0153941
{txt}{space 16} {c |}
{space 5}dem_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2} .0446709{col 30}{space 2} .1324241{col 41}{space 1}    0.34{col 50}{space 3}0.736{col 58}{space 4}-.2160988{col 71}{space 3} .3054405
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .1711977{col 30}{space 2} .1178186{col 41}{space 1}    1.45{col 50}{space 3}0.147{col 58}{space 4}-.0608109{col 71}{space 3} .4032064
{txt}{space 16} {c |}
{space 5}rep_unified {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}        0{col 30}{txt}  (omitted)
{space 13}LD. {c |}{col 18}{res}{space 2}        0{col 30}{txt}  (omitted)
{space 16} {c |}
{space 2}electedjudges1 {c |}
{space 13}L1. {c |}{col 18}{res}{space 2}-.2252734{col 30}{space 2} .1573301{col 41}{space 1}   -1.43{col 50}{space 3}0.153{col 58}{space 4} -.535088{col 71}{space 3} .0845413
{txt}{space 13}LD. {c |}{col 18}{res}{space 2} .1219225{col 30}{space 2} .1108208{col 41}{space 1}    1.10{col 50}{space 3}0.272{col 58}{space 4} -.096306{col 71}{space 3}  .340151
{txt}{space 16} {c |}
{space 6}state_fips {c |}
{space 14}5  {c |}{col 18}{res}{space 2} .0036528{col 30}{space 2}  .098705{col 41}{space 1}    0.04{col 50}{space 3}0.971{col 58}{space 4}-.1907172{col 71}{space 3} .1980229
{txt}{space 13}21  {c |}{col 18}{res}{space 2} .4506684{col 30}{space 2} .2216882{col 41}{space 1}    2.03{col 50}{space 3}0.043{col 58}{space 4} .0141197{col 71}{space 3} .8872171
{txt}{space 13}22  {c |}{col 18}{res}{space 2} .1680945{col 30}{space 2} .1380545{col 41}{space 1}    1.22{col 50}{space 3}0.224{col 58}{space 4}-.1037625{col 71}{space 3} .4399515
{txt}{space 13}28  {c |}{col 18}{res}{space 2}-.1325504{col 30}{space 2} .1614286{col 41}{space 1}   -0.82{col 50}{space 3}0.412{col 58}{space 4}-.4504358{col 71}{space 3} .1853349
{txt}{space 13}40  {c |}{col 18}{res}{space 2} .5997854{col 30}{space 2} .2827184{col 41}{space 1}    2.12{col 50}{space 3}0.035{col 58}{space 4}  .043056{col 71}{space 3} 1.156515
{txt}{space 13}45  {c |}{col 18}{res}{space 2}-.0968626{col 30}{space 2} .1865969{col 41}{space 1}   -0.52{col 50}{space 3}0.604{col 58}{space 4}-.4643095{col 71}{space 3} .2705843
{txt}{space 13}47  {c |}{col 18}{res}{space 2} .4602537{col 30}{space 2} .2118938{col 41}{space 1}    2.17{col 50}{space 3}0.031{col 58}{space 4} .0429922{col 71}{space 3} .8775152
{txt}{space 13}54  {c |}{col 18}{res}{space 2} .4713651{col 30}{space 2} .2257037{col 41}{space 1}    2.09{col 50}{space 3}0.038{col 58}{space 4} .0269091{col 71}{space 3} .9158211
{txt}{space 16} {c |}
{space 12}year {c |}
{space 11}1947  {c |}{col 18}{res}{space 2}-.0076876{col 30}{space 2} .1585897{col 41}{space 1}   -0.05{col 50}{space 3}0.961{col 58}{space 4}-.3199827{col 71}{space 3} .3046075
{txt}{space 11}1948  {c |}{col 18}{res}{space 2}  .065326{col 30}{space 2} .2188977{col 41}{space 1}    0.30{col 50}{space 3}0.766{col 58}{space 4}-.3657276{col 71}{space 3} .4963797
{txt}{space 11}1949  {c |}{col 18}{res}{space 2}-.2940753{col 30}{space 2} .1913481{col 41}{space 1}   -1.54{col 50}{space 3}0.126{col 58}{space 4}-.6708782{col 71}{space 3} .0827277
{txt}{space 11}1950  {c |}{col 18}{res}{space 2} -.047996{col 30}{space 2}  .141613{col 41}{space 1}   -0.34{col 50}{space 3}0.735{col 58}{space 4}-.3268605{col 71}{space 3} .2308685
{txt}{space 11}1951  {c |}{col 18}{res}{space 2} .0245089{col 30}{space 2} .1476614{col 41}{space 1}    0.17{col 50}{space 3}0.868{col 58}{space 4}-.2662662{col 71}{space 3} .3152839
{txt}{space 11}1952  {c |}{col 18}{res}{space 2} .0204542{col 30}{space 2} .1163218{col 41}{space 1}    0.18{col 50}{space 3}0.861{col 58}{space 4}-.2086069{col 71}{space 3} .2495153
{txt}{space 11}1953  {c |}{col 18}{res}{space 2} .1753232{col 30}{space 2} .1304245{col 41}{space 1}    1.34{col 50}{space 3}0.180{col 58}{space 4}-.0815089{col 71}{space 3} .4321552
{txt}{space 11}1954  {c |}{col 18}{res}{space 2} .0288338{col 30}{space 2} .1023482{col 41}{space 1}    0.28{col 50}{space 3}0.778{col 58}{space 4}-.1727104{col 71}{space 3}  .230378
{txt}{space 11}1955  {c |}{col 18}{res}{space 2} .1651711{col 30}{space 2} .1908597{col 41}{space 1}    0.87{col 50}{space 3}0.388{col 58}{space 4}-.2106701{col 71}{space 3} .5410124
{txt}{space 11}1956  {c |}{col 18}{res}{space 2} .1456791{col 30}{space 2} .1823727{col 41}{space 1}    0.80{col 50}{space 3}0.425{col 58}{space 4}-.2134495{col 71}{space 3} .5048078
{txt}{space 11}1957  {c |}{col 18}{res}{space 2} .1386939{col 30}{space 2} .1581252{col 41}{space 1}    0.88{col 50}{space 3}0.381{col 58}{space 4}-.1726865{col 71}{space 3} .4500743
{txt}{space 11}1958  {c |}{col 18}{res}{space 2} .2223614{col 30}{space 2} .1771303{col 41}{space 1}    1.26{col 50}{space 3}0.210{col 58}{space 4}-.1264438{col 71}{space 3} .5711666
{txt}{space 11}1959  {c |}{col 18}{res}{space 2}-.0885925{col 30}{space 2} .2761731{col 41}{space 1}   -0.32{col 50}{space 3}0.749{col 58}{space 4}-.6324329{col 71}{space 3} .4552479
{txt}{space 11}1960  {c |}{col 18}{res}{space 2} .1590589{col 30}{space 2} .2168798{col 41}{space 1}    0.73{col 50}{space 3}0.464{col 58}{space 4} -.268021{col 71}{space 3} .5861389
{txt}{space 11}1961  {c |}{col 18}{res}{space 2} .3517389{col 30}{space 2} .2302256{col 41}{space 1}    1.53{col 50}{space 3}0.128{col 58}{space 4}-.1016216{col 71}{space 3} .8050995
{txt}{space 11}1962  {c |}{col 18}{res}{space 2} .2816465{col 30}{space 2} .2534648{col 41}{space 1}    1.11{col 50}{space 3}0.268{col 58}{space 4}-.2174767{col 71}{space 3} .7807696
{txt}{space 11}1963  {c |}{col 18}{res}{space 2} .6136966{col 30}{space 2} .2956485{col 41}{space 1}    2.08{col 50}{space 3}0.039{col 58}{space 4} .0315052{col 71}{space 3} 1.195888
{txt}{space 11}1964  {c |}{col 18}{res}{space 2} .7281104{col 30}{space 2} .3535444{col 41}{space 1}    2.06{col 50}{space 3}0.040{col 58}{space 4} .0319104{col 71}{space 3}  1.42431
{txt}{space 11}1965  {c |}{col 18}{res}{space 2}  .557093{col 30}{space 2} .3734424{col 41}{space 1}    1.49{col 50}{space 3}0.137{col 58}{space 4}-.1782902{col 71}{space 3} 1.292476
{txt}{space 11}1966  {c |}{col 18}{res}{space 2} 1.050419{col 30}{space 2} .4530125{col 41}{space 1}    2.32{col 50}{space 3}0.021{col 58}{space 4} .1583464{col 71}{space 3} 1.942492
{txt}{space 11}1967  {c |}{col 18}{res}{space 2} 1.347858{col 30}{space 2} .5134344{col 41}{space 1}    2.63{col 50}{space 3}0.009{col 58}{space 4} .3368022{col 71}{space 3} 2.358914
{txt}{space 11}1968  {c |}{col 18}{res}{space 2} .6147285{col 30}{space 2} .5025881{col 41}{space 1}    1.22{col 50}{space 3}0.222{col 58}{space 4}-.3749687{col 71}{space 3} 1.604426
{txt}{space 11}1969  {c |}{col 18}{res}{space 2} 1.061104{col 30}{space 2} .5602594{col 41}{space 1}    1.89{col 50}{space 3}0.059{col 58}{space 4}-.0421592{col 71}{space 3} 2.164368
{txt}{space 11}1970  {c |}{col 18}{res}{space 2} 1.340927{col 30}{space 2} .6465607{col 41}{space 1}    2.07{col 50}{space 3}0.039{col 58}{space 4} .0677184{col 71}{space 3} 2.614135
{txt}{space 11}1971  {c |}{col 18}{res}{space 2} 1.011311{col 30}{space 2} .6257573{col 41}{space 1}    1.62{col 50}{space 3}0.107{col 58}{space 4}-.2209307{col 71}{space 3} 2.243553
{txt}{space 11}1972  {c |}{col 18}{res}{space 2} 1.254525{col 30}{space 2} .7531675{col 41}{space 1}    1.67{col 50}{space 3}0.097{col 58}{space 4}-.2286138{col 71}{space 3} 2.737663
{txt}{space 11}1973  {c |}{col 18}{res}{space 2} 1.309017{col 30}{space 2}   .74174{col 41}{space 1}    1.76{col 50}{space 3}0.079{col 58}{space 4}-.1516182{col 71}{space 3} 2.769653
{txt}{space 11}1974  {c |}{col 18}{res}{space 2} 1.082572{col 30}{space 2} .7787681{col 41}{space 1}    1.39{col 50}{space 3}0.166{col 58}{space 4}-.4509793{col 71}{space 3} 2.616123
{txt}{space 11}1975  {c |}{col 18}{res}{space 2} 1.022666{col 30}{space 2} .8024512{col 41}{space 1}    1.27{col 50}{space 3}0.204{col 58}{space 4}-.5575219{col 71}{space 3} 2.602854
{txt}{space 11}1976  {c |}{col 18}{res}{space 2} 1.327617{col 30}{space 2} .8509121{col 41}{space 1}    1.56{col 50}{space 3}0.120{col 58}{space 4}-.3480001{col 71}{space 3} 3.003235
{txt}{space 11}1977  {c |}{col 18}{res}{space 2} 1.553277{col 30}{space 2} .9849039{col 41}{space 1}    1.58{col 50}{space 3}0.116{col 58}{space 4}-.3861975{col 71}{space 3} 3.492751
{txt}{space 11}1978  {c |}{col 18}{res}{space 2} 1.447099{col 30}{space 2} .9244374{col 41}{space 1}    1.57{col 50}{space 3}0.119{col 58}{space 4}-.3733048{col 71}{space 3} 3.267502
{txt}{space 11}1979  {c |}{col 18}{res}{space 2} 1.589971{col 30}{space 2} .9796787{col 41}{space 1}    1.62{col 50}{space 3}0.106{col 58}{space 4}-.3392142{col 71}{space 3} 3.519155
{txt}{space 11}1980  {c |}{col 18}{res}{space 2} 1.452665{col 30}{space 2} .9666994{col 41}{space 1}    1.50{col 50}{space 3}0.134{col 58}{space 4}-.4509613{col 71}{space 3}  3.35629
{txt}{space 16} {c |}
{space 11}_cons {c |}{col 18}{res}{space 2} 1.018977{col 30}{space 2} .7269985{col 41}{space 1}    1.40{col 50}{space 3}0.162{col 58}{space 4}-.4126298{col 71}{space 3} 2.450583
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict ihsklarnerranneyhatallpre if year<=1980 & oldsouth==1
{txt}(option xb assumed; fitted values)
(3,024 missing values generated)

{com}. 
.  
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.ihsklarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney = 0{p_end}

{txt}       F(  1,   258) ={res}    5.01
{txt}{col 13}Prob > F ={res}    0.0261
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.ihsklarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.ihsklarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.ihsklarnerranney = 0{p_end}

{txt}       F(  2,   258) ={res}    2.88
{txt}{col 13}Prob > F ={res}    0.0582
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann +  l.d.real_pc_inc_ann +  l2.d.real_pc_inc_ann + 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-.0001292{col 26}{space 2} .0003688{col 37}{space 1}   -0.35{col 46}{space 3}0.726{col 54}{space 4}-.0008555{col 67}{space 3} .0005971
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.ihsklarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} -.002074{col 26}{space 2} .0015994{col 37}{space 1}   -1.30{col 46}{space 3}0.195{col 54}{space 4}-.0052088{col 67}{space 3} .0010608
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. sum real_pc_inc_ann    if ihsklarnerranneyhatallpre!=. & year<=1980 & oldsouth==1, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 3175.111       2933.336
{txt} 5%    {res} 3624.476       2952.088
{txt}10%    {res} 3950.903       3099.246       {txt}Obs         {res}        315
{txt}25%    {res} 4643.055       3175.111       {txt}Sum of Wgt. {res}        315

{txt}50%    {res}  5946.47                      {txt}Mean          {res} 6508.801
                        {txt}Largest       Std. Dev.     {res} 2170.654
{txt}75%    {res} 8432.818       10840.21
{txt}90%    {res} 9649.645       11256.66       {txt}Variance      {res}  4711739
{txt}95%    {res} 10159.67       11511.87       {txt}Skewness      {res} .3671428
{txt}99%    {res} 10840.21       11566.87       {txt}Kurtosis      {res} 1.916253
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS OF  real_pc_inc_ann ON ihsklarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*8432.818   -  (_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*4643.055

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*8432.818 - (_b[l.real_pc_inc_ann] / - _b[l.ihsklarnerranney])*4643.055

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}ihsklarner~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} -7.86004{col 26}{space 2} 6.061438{col 37}{space 1}   -1.30{col 46}{space 3}0.195{col 54}{space 4}-19.74024{col 67}{space 3}  4.02016
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. ***********************************************************************************************************************************************************************************************************
. 
. 
. 
. 
. // (5,4)  MODEL
. 
. 
. 
. *** IV.C: OLD SOUTH STATES (N = 9): POST-PARTISAN ALIGNMENT TIME PERIOD (1981 - 2010) ***
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified  i.state_fips i.year if year >1980 & oldsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-1889.087{col 38} -1738.93{col 49}    60{col 58} 3597.859{col 69} 3813.765
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******INCOME EQUATION*********
. 
. newey d.real_pc_inc_ann  l.real_pc_inc_ann l.klarnerranney   l.d.real_pc_inc_ann d.klarnerranney  l2.d.real_pc_inc_ann  l.d.klarnerranney  l3.d.real_pc_inc_ann l2.d.klarnerranney  l4.d.real_pc_inc_ann l3.d.klarnerranney  l.csi_perc_cap_outlays l.d.csi_perc_cap_outlays l.right_to_work l.d.right_to_work  l.csi_welf_perc_total l.d.csi_welf_perc_total l.nonfarm_persinc l.d.nonfarm_persinc l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified  i.state_fips i.year if year >1980 & oldsouth==1, lag(5) force
{txt}note: LD.right_to_work omitted because of collinearity
note: 54.state_fips omitted because of collinearity

Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 59,       210){col 67}= {res}     33.57
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 21}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 22}{c |}{col 34}  Newey-West
{col 1}   D.real_pc_inc_ann{col 22}{c |}      Coef.{col 34}   Std. Err.{col 46}      t{col 54}   P>|t|{col 62}     [95% Con{col 75}f. Interval]
{hline 21}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}real_pc_inc_ann {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-.2326416{col 34}{space 2}   .04761{col 45}{space 1}   -4.89{col 54}{space 3}0.000{col 62}{space 4}-.3264964{col 75}{space 3}-.1387869
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 3.846406{col 34}{space 2} 1.469152{col 45}{space 1}    2.62{col 54}{space 3}0.009{col 62}{space 4} .9502293{col 75}{space 3} 6.742583
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 17}LD. {c |}{col 22}{res}{space 2} .1796971{col 34}{space 2} .1370766{col 45}{space 1}    1.31{col 54}{space 3}0.191{col 62}{space 4}-.0905255{col 75}{space 3} .4499197
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}D1. {c |}{col 22}{res}{space 2} .5659105{col 34}{space 2} 2.072188{col 45}{space 1}    0.27{col 54}{space 3}0.785{col 62}{space 4}-3.519045{col 75}{space 3} 4.650866
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} .2992303{col 34}{space 2} .1343547{col 45}{space 1}    2.23{col 54}{space 3}0.027{col 62}{space 4} .0343734{col 75}{space 3} .5640871
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 17}LD. {c |}{col 22}{res}{space 2}-5.357361{col 34}{space 2} 1.972984{col 45}{space 1}   -2.72{col 54}{space 3}0.007{col 62}{space 4}-9.246754{col 75}{space 3}-1.467968
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2}-.0377099{col 34}{space 2} .0887919{col 45}{space 1}   -0.42{col 54}{space 3}0.671{col 62}{space 4}-.2127475{col 75}{space 3} .1373277
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L2D. {c |}{col 22}{res}{space 2} -5.29735{col 34}{space 2} 2.108788{col 45}{space 1}   -2.51{col 54}{space 3}0.013{col 62}{space 4}-9.454456{col 75}{space 3}-1.140244
{txt}{space 20} {c |}
{space 5}real_pc_inc_ann {c |}
{space 16}L4D. {c |}{col 22}{res}{space 2} .1983584{col 34}{space 2} .0656283{col 45}{space 1}    3.02{col 54}{space 3}0.003{col 62}{space 4} .0689838{col 75}{space 3}  .327733
{txt}{space 20} {c |}
{space 7}klarnerranney {c |}
{space 16}L3D. {c |}{col 22}{res}{space 2} 1.747585{col 34}{space 2} 2.376965{col 45}{space 1}    0.74{col 54}{space 3}0.463{col 62}{space 4}-2.938185{col 75}{space 3} 6.433355
{txt}{space 20} {c |}
csi_perc_cap_outlays {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 578.8106{col 34}{space 2}  913.489{col 45}{space 1}    0.63{col 54}{space 3}0.527{col 62}{space 4}-1221.973{col 75}{space 3} 2379.594
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 391.4734{col 34}{space 2} 1060.644{col 45}{space 1}    0.37{col 54}{space 3}0.712{col 62}{space 4}-1699.401{col 75}{space 3} 2482.348
{txt}{space 20} {c |}
{space 7}right_to_work {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 315.5134{col 34}{space 2}  65.6653{col 45}{space 1}    4.80{col 54}{space 3}0.000{col 62}{space 4} 186.0658{col 75}{space 3} 444.9611
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}        0{col 34}{txt}  (omitted)
{space 20} {c |}
{space 1}csi_welf_perc_total {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 539.4317{col 34}{space 2} 707.1632{col 45}{space 1}    0.76{col 54}{space 3}0.446{col 62}{space 4}-854.6167{col 75}{space 3}  1933.48
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-1685.243{col 34}{space 2} 1044.581{col 45}{space 1}   -1.61{col 54}{space 3}0.108{col 62}{space 4}-3744.451{col 75}{space 3} 373.9645
{txt}{space 20} {c |}
{space 5}nonfarm_persinc {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 8550.486{col 34}{space 2} 3516.048{col 45}{space 1}    2.43{col 54}{space 3}0.016{col 62}{space 4} 1619.213{col 75}{space 3} 15481.76
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 2451.673{col 34}{space 2}  2965.61{col 45}{space 1}    0.83{col 54}{space 3}0.409{col 62}{space 4}-3394.507{col 75}{space 3} 8297.853
{txt}{space 20} {c |}
{space 11}gov_party {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-143.3959{col 34}{space 2} 62.85695{col 45}{space 1}   -2.28{col 54}{space 3}0.024{col 62}{space 4}-267.3073{col 75}{space 3}-19.48442
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 170.9591{col 34}{space 2} 115.3907{col 45}{space 1}    1.48{col 54}{space 3}0.140{col 62}{space 4}-56.51341{col 75}{space 3} 398.4317
{txt}{space 20} {c |}
{space 9}dem_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2} 201.0856{col 34}{space 2} 61.64551{col 45}{space 1}    3.26{col 54}{space 3}0.001{col 62}{space 4} 79.56226{col 75}{space 3} 322.6089
{txt}{space 17}LD. {c |}{col 22}{res}{space 2}-189.8713{col 34}{space 2} 121.3347{col 45}{space 1}   -1.56{col 54}{space 3}0.119{col 62}{space 4}-429.0615{col 75}{space 3} 49.31885
{txt}{space 20} {c |}
{space 9}rep_unified {c |}
{space 17}L1. {c |}{col 22}{res}{space 2}-134.5188{col 34}{space 2} 59.64037{col 45}{space 1}   -2.26{col 54}{space 3}0.025{col 62}{space 4}-252.0893{col 75}{space 3}-16.94823
{txt}{space 17}LD. {c |}{col 22}{res}{space 2} 161.3124{col 34}{space 2}  117.103{col 45}{space 1}    1.38{col 54}{space 3}0.170{col 62}{space 4}-69.53574{col 75}{space 3} 392.1605
{txt}{space 20} {c |}
{space 10}state_fips {c |}
{space 18}5  {c |}{col 22}{res}{space 2} 59.09072{col 34}{space 2} 80.24983{col 45}{space 1}    0.74{col 54}{space 3}0.462{col 62}{space 4}-99.10776{col 75}{space 3} 217.2892
{txt}{space 17}21  {c |}{col 22}{res}{space 2} 196.4911{col 34}{space 2} 64.91082{col 45}{space 1}    3.03{col 54}{space 3}0.003{col 62}{space 4} 68.53084{col 75}{space 3} 324.4515
{txt}{space 17}22  {c |}{col 22}{res}{space 2} 30.64403{col 34}{space 2} 55.52632{col 45}{space 1}    0.55{col 54}{space 3}0.582{col 62}{space 4}-78.81637{col 75}{space 3} 140.1044
{txt}{space 17}28  {c |}{col 22}{res}{space 2}-309.0231{col 34}{space 2} 78.86853{col 45}{space 1}   -3.92{col 54}{space 3}0.000{col 62}{space 4}-464.4986{col 75}{space 3}-153.5476
{txt}{space 17}40  {c |}{col 22}{res}{space 2} 41.85708{col 34}{space 2} 49.83954{col 45}{space 1}    0.84{col 54}{space 3}0.402{col 62}{space 4}-56.39283{col 75}{space 3}  140.107
{txt}{space 17}45  {c |}{col 22}{res}{space 2}-79.40744{col 34}{space 2} 51.03015{col 45}{space 1}   -1.56{col 54}{space 3}0.121{col 62}{space 4}-180.0044{col 75}{space 3} 21.18957
{txt}{space 17}47  {c |}{col 22}{res}{space 2}-9.625729{col 34}{space 2} 86.30799{col 45}{space 1}   -0.11{col 54}{space 3}0.911{col 62}{space 4}-179.7668{col 75}{space 3} 160.5153
{txt}{space 17}54  {c |}{col 22}{res}{space 2}        0{col 34}{txt}  (omitted)
{space 20} {c |}
{space 16}year {c |}
{space 15}1982  {c |}{col 22}{res}{space 2}-37.47924{col 34}{space 2} 119.7214{col 45}{space 1}   -0.31{col 54}{space 3}0.755{col 62}{space 4} -273.489{col 75}{space 3} 198.5305
{txt}{space 15}1983  {c |}{col 22}{res}{space 2}-10.43767{col 34}{space 2} 134.9069{col 45}{space 1}   -0.08{col 54}{space 3}0.938{col 62}{space 4} -276.383{col 75}{space 3} 255.5076
{txt}{space 15}1984  {c |}{col 22}{res}{space 2} 441.3186{col 34}{space 2} 114.4948{col 45}{space 1}    3.85{col 54}{space 3}0.000{col 62}{space 4} 215.6122{col 75}{space 3}  667.025
{txt}{space 15}1985  {c |}{col 22}{res}{space 2} 148.1546{col 34}{space 2} 148.6045{col 45}{space 1}    1.00{col 54}{space 3}0.320{col 62}{space 4}-144.7932{col 75}{space 3} 441.1024
{txt}{space 15}1986  {c |}{col 22}{res}{space 2}  88.8608{col 34}{space 2} 127.1022{col 45}{space 1}    0.70{col 54}{space 3}0.485{col 62}{space 4}-161.6989{col 75}{space 3} 339.4205
{txt}{space 15}1987  {c |}{col 22}{res}{space 2} 131.5138{col 34}{space 2} 120.3792{col 45}{space 1}    1.09{col 54}{space 3}0.276{col 62}{space 4}-105.7926{col 75}{space 3} 368.8202
{txt}{space 15}1988  {c |}{col 22}{res}{space 2} 328.8049{col 34}{space 2} 118.2739{col 45}{space 1}    2.78{col 54}{space 3}0.006{col 62}{space 4} 95.64868{col 75}{space 3} 561.9611
{txt}{space 15}1989  {c |}{col 22}{res}{space 2} 425.6422{col 34}{space 2} 148.5183{col 45}{space 1}    2.87{col 54}{space 3}0.005{col 62}{space 4} 132.8643{col 75}{space 3} 718.4201
{txt}{space 15}1990  {c |}{col 22}{res}{space 2} 193.8675{col 34}{space 2} 143.5372{col 45}{space 1}    1.35{col 54}{space 3}0.178{col 62}{space 4}-89.09082{col 75}{space 3} 476.8259
{txt}{space 15}1991  {c |}{col 22}{res}{space 2} 198.0674{col 34}{space 2} 126.1268{col 45}{space 1}    1.57{col 54}{space 3}0.118{col 62}{space 4}-50.56958{col 75}{space 3} 446.7044
{txt}{space 15}1992  {c |}{col 22}{res}{space 2} 584.3938{col 34}{space 2} 129.7163{col 45}{space 1}    4.51{col 54}{space 3}0.000{col 62}{space 4} 328.6808{col 75}{space 3} 840.1068
{txt}{space 15}1993  {c |}{col 22}{res}{space 2} 356.3898{col 34}{space 2} 174.4113{col 45}{space 1}    2.04{col 54}{space 3}0.042{col 62}{space 4} 12.56844{col 75}{space 3} 700.2111
{txt}{space 15}1994  {c |}{col 22}{res}{space 2} 493.6203{col 34}{space 2}  147.159{col 45}{space 1}    3.35{col 54}{space 3}0.001{col 62}{space 4} 203.5221{col 75}{space 3} 783.7185
{txt}{space 15}1995  {c |}{col 22}{res}{space 2}  493.799{col 34}{space 2} 167.2937{col 45}{space 1}    2.95{col 54}{space 3}0.004{col 62}{space 4} 164.0088{col 75}{space 3} 823.5893
{txt}{space 15}1996  {c |}{col 22}{res}{space 2} 435.3844{col 34}{space 2} 155.8753{col 45}{space 1}    2.79{col 54}{space 3}0.006{col 62}{space 4} 128.1035{col 75}{space 3} 742.6654
{txt}{space 15}1997  {c |}{col 22}{res}{space 2}  669.354{col 34}{space 2}  164.185{col 45}{space 1}    4.08{col 54}{space 3}0.000{col 62}{space 4} 345.6919{col 75}{space 3}  993.016
{txt}{space 15}1998  {c |}{col 22}{res}{space 2} 820.5201{col 34}{space 2}  178.872{col 45}{space 1}    4.59{col 54}{space 3}0.000{col 62}{space 4} 467.9054{col 75}{space 3} 1173.135
{txt}{space 15}1999  {c |}{col 22}{res}{space 2} 529.4341{col 34}{space 2} 211.9174{col 45}{space 1}    2.50{col 54}{space 3}0.013{col 62}{space 4}  111.676{col 75}{space 3} 947.1921
{txt}{space 15}2000  {c |}{col 22}{res}{space 2} 720.0726{col 34}{space 2} 179.7141{col 45}{space 1}    4.01{col 54}{space 3}0.000{col 62}{space 4} 365.7977{col 75}{space 3} 1074.347
{txt}{space 15}2001  {c |}{col 22}{res}{space 2} 816.0758{col 34}{space 2} 211.2702{col 45}{space 1}    3.86{col 54}{space 3}0.000{col 62}{space 4} 399.5937{col 75}{space 3} 1232.558
{txt}{space 15}2002  {c |}{col 22}{res}{space 2} 611.8082{col 34}{space 2} 199.6758{col 45}{space 1}    3.06{col 54}{space 3}0.002{col 62}{space 4} 218.1824{col 75}{space 3} 1005.434
{txt}{space 15}2003  {c |}{col 22}{res}{space 2} 736.7121{col 34}{space 2}  192.169{col 45}{space 1}    3.83{col 54}{space 3}0.000{col 62}{space 4} 357.8847{col 75}{space 3}  1115.54
{txt}{space 15}2004  {c |}{col 22}{res}{space 2} 1016.578{col 34}{space 2} 215.7461{col 45}{space 1}    4.71{col 54}{space 3}0.000{col 62}{space 4} 591.2725{col 75}{space 3} 1441.884
{txt}{space 15}2005  {c |}{col 22}{res}{space 2} 962.4083{col 34}{space 2} 245.6297{col 45}{space 1}    3.92{col 54}{space 3}0.000{col 62}{space 4} 478.1924{col 75}{space 3} 1446.624
{txt}{space 15}2006  {c |}{col 22}{res}{space 2} 1225.164{col 34}{space 2} 247.9403{col 45}{space 1}    4.94{col 54}{space 3}0.000{col 62}{space 4} 736.3933{col 75}{space 3} 1713.935
{txt}{space 15}2007  {c |}{col 22}{res}{space 2} 1094.419{col 34}{space 2} 270.8424{col 45}{space 1}    4.04{col 54}{space 3}0.000{col 62}{space 4} 560.5006{col 75}{space 3} 1628.337
{txt}{space 15}2008  {c |}{col 22}{res}{space 2} 949.1771{col 34}{space 2} 298.1294{col 45}{space 1}    3.18{col 54}{space 3}0.002{col 62}{space 4} 361.4672{col 75}{space 3} 1536.887
{txt}{space 15}2009  {c |}{col 22}{res}{space 2}  390.183{col 34}{space 2} 228.9934{col 45}{space 1}    1.70{col 54}{space 3}0.090{col 62}{space 4}-61.23742{col 75}{space 3} 841.6034
{txt}{space 15}2010  {c |}{col 22}{res}{space 2} 1079.632{col 34}{space 2} 199.4152{col 45}{space 1}    5.41{col 54}{space 3}0.000{col 62}{space 4} 686.5198{col 75}{space 3} 1472.744
{txt}{space 20} {c |}
{space 15}_cons {c |}{col 22}{res}{space 2}-6602.528{col 34}{space 2} 3541.471{col 45}{space 1}   -1.86{col 54}{space 3}0.064{col 62}{space 4}-13583.92{col 75}{space 3} 378.8605
{txt}{hline 21}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict real_pc_inc_annhatallpost if year>1980 & oldsouth==1
{txt}(option xb assumed; fitted values)
(3,069 missing values generated)

{com}. 
. 
. 
. * TESTING INCOME ERROR CORRECTION RATE *
. 
. test l.real_pc_inc_ann = 0 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann = 0{p_end}

{txt}       F(  1,   210) ={res}   23.88
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING INCOME FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENIETY)*
. 
. test l.real_pc_inc_ann = l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.real_pc_inc_ann - L.klarnerranney = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.real_pc_inc_ann = 0{p_end}

{txt}       F(  2,   210) ={res}   12.11
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.klarnerranney +  l.d.klarnerranney +  l2.d.klarnerranney +  l3.d.klarnerranney 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.klarnerranney + LD.klarnerranney + L2D.klarnerranney + L3D.klarnerranney = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2}-8.341216{col 26}{space 2} 5.138604{col 37}{space 1}   -1.62{col 46}{space 3}0.106{col 54}{space 4}-18.47107{col 67}{space 3} 1.788642
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.klarnerranney]/-_b[l.real_pc_inc_ann] 

       {txt}_nl_1:  {res}_b[l.klarnerranney]/-_b[l.real_pc_inc_ann]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 16.53361{col 26}{space 2}  4.94848{col 37}{space 1}    3.34{col 46}{space 3}0.001{col 54}{space 4} 6.834768{col 67}{space 3} 26.23245
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. sum klarnerranney   if real_pc_inc_annhatallpost!=. & year > 1980 & oldsouth==1, detail

         {txt}Annual Ranney Measure of State Legislative
               Partisan Balance (Klarner Data)
{hline 61}
      Percentiles      Smallest
 1%    {res}  9.52381       4.761905
{txt} 5%    {res} 13.99267       4.761905
{txt}10%    {res} 21.62605        9.52381       {txt}Obs         {res}        270
{txt}25%    {res} 39.04762        9.52381       {txt}Sum of Wgt. {res}        270

{txt}50%    {res} 61.51174                      {txt}Mean          {res} 58.58739
                        {txt}Largest       Std. Dev.     {res} 25.29815
{txt}75%    {res} 81.81818       98.14165
{txt}90%    {res} 90.90909       98.52632       {txt}Variance      {res} 639.9964
{txt}95%    {res} 96.89474        98.9899       {txt}Skewness      {res}-.2543468
{txt}99%    {res} 98.52632       99.26367       {txt}Kurtosis      {res} 2.040101
{txt}
{com}. 
. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF  klarnerranney ON real_pc_inc_ann:  75TH PERCENTILE VALUE OF klarnerranney MINUS 25TH PERCENTILE VALUE OF klarnerranney FOR EFFECTIVE SAMPLE PERIOD *
. 
. 
. nlcom  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*81.81818  -  (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*39.04762

       {txt}_nl_1:  {res}(_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*81.81818 - (_b[l.klarnerranney] / - _b[l.real_pc_inc_ann])*39.04762

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}real_pc_in~n{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 707.1518{col 26}{space 2} 211.6493{col 37}{space 1}    3.34{col 46}{space 3}0.001{col 54}{space 4} 292.3268{col 67}{space 3} 1121.977
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. ******************************************************************************************************************************************************************************************************************************************************************************************************************************************************************
. 
. qui reg d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1  i.state_fips i.year if year >1980 & oldsouth==1
{txt}
{com}. estat ic

Akaike's information criterion and Bayesian information criterion

{txt}{hline 13}{c TT}{hline 63}
       Model {c |}        Obs  ll(null)  ll(model)      df         AIC        BIC
{hline 13}{c +}{hline 63}
{ralign 12:.}{col 14}{c |}{res}{col 16}       270{col 27}-875.4848{col 38}-802.8439{col 49}    56{col 58} 1717.688{col 69} 1919.199
{txt}{hline 13}{c BT}{hline 63}
{p 15 21 2}
Note: N=Obs used in calculating BIC; see {helpb bic_note:[R] BIC note}.
{p_end}

{com}. 
. 
. ******PARTISAN COMPETITION EQUATION*********
. 
. newey d.klarnerranney  l.klarnerranney l.real_pc_inc_ann l.d.klarnerranney d.real_pc_inc_ann  l2.d.klarnerranney  l.d.real_pc_inc_ann  l3.d.klarnerranney l2.d.real_pc_inc_ann  l4.d.klarnerranney l3.d.real_pc_inc_ann  l.gov_party l.d.gov_party l.dem_unified l.d.dem_unified l.rep_unified l.d.rep_unified l.electedjudges1 l.d.electedjudges1  i.state_fips i.year if year >1980 & oldsouth==1, lag(5) force

{txt}Regression with Newey-West standard errors{col 49}Number of obs{col 67}= {res}       270
{txt}maximum lag: {res}5{col 49}{txt}F( 55,       214){col 67}= {res}     10.75
{col 49}{txt}Prob > F{col 67}= {res}    0.0000

{txt}{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}  Newey-West
{col 1}D.klarnerranney{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}klarnerranney {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-.2063531{col 29}{space 2}  .042108{col 40}{space 1}   -4.90{col 49}{space 3}0.000{col 57}{space 4}-.2893527{col 70}{space 3}-.1233536
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} .0016823{col 29}{space 2} .0008467{col 40}{space 1}    1.99{col 49}{space 3}0.048{col 57}{space 4} .0000133{col 70}{space 3} .0033513
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0002333{col 29}{space 2}  .064541{col 40}{space 1}    0.00{col 49}{space 3}0.997{col 57}{space 4}-.1269842{col 70}{space 3} .1274507
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}D1. {c |}{col 17}{res}{space 2} .0007016{col 29}{space 2} .0016604{col 40}{space 1}    0.42{col 49}{space 3}0.673{col 57}{space 4}-.0025711{col 70}{space 3} .0039744
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2} .1323768{col 29}{space 2}  .083385{col 40}{space 1}    1.59{col 49}{space 3}0.114{col 57}{space 4}-.0319843{col 70}{space 3} .2967379
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 12}LD. {c |}{col 17}{res}{space 2} .0007085{col 29}{space 2} .0028417{col 40}{space 1}    0.25{col 49}{space 3}0.803{col 57}{space 4}-.0048929{col 70}{space 3} .0063098
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2}  .087856{col 29}{space 2} .0550396{col 40}{space 1}    1.60{col 49}{space 3}0.112{col 57}{space 4}-.0206331{col 70}{space 3} .1963452
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L2D. {c |}{col 17}{res}{space 2}-.0017654{col 29}{space 2} .0028316{col 40}{space 1}   -0.62{col 49}{space 3}0.534{col 57}{space 4}-.0073468{col 70}{space 3}  .003816
{txt}{space 15} {c |}
{space 2}klarnerranney {c |}
{space 11}L4D. {c |}{col 17}{res}{space 2}-.2265335{col 29}{space 2} .0871307{col 40}{space 1}   -2.60{col 49}{space 3}0.010{col 57}{space 4}-.3982778{col 70}{space 3}-.0547893
{txt}{space 15} {c |}
real_pc_inc_ann {c |}
{space 11}L3D. {c |}{col 17}{res}{space 2} .0014727{col 29}{space 2} .0020394{col 40}{space 1}    0.72{col 49}{space 3}0.471{col 57}{space 4}-.0025472{col 70}{space 3} .0054925
{txt}{space 15} {c |}
{space 6}gov_party {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-6.010347{col 29}{space 2} 1.961831{col 40}{space 1}   -3.06{col 49}{space 3}0.002{col 57}{space 4}-9.877334{col 70}{space 3} -2.14336
{txt}{space 12}LD. {c |}{col 17}{res}{space 2} 3.546665{col 29}{space 2} 2.781616{col 40}{space 1}    1.28{col 49}{space 3}0.204{col 57}{space 4} -1.93621{col 70}{space 3} 9.029541
{txt}{space 15} {c |}
{space 4}dem_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 5.860821{col 29}{space 2} 2.289261{col 40}{space 1}    2.56{col 49}{space 3}0.011{col 57}{space 4} 1.348433{col 70}{space 3} 10.37321
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-4.223011{col 29}{space 2} 2.888723{col 40}{space 1}   -1.46{col 49}{space 3}0.145{col 57}{space 4}-9.917005{col 70}{space 3} 1.470984
{txt}{space 15} {c |}
{space 4}rep_unified {c |}
{space 12}L1. {c |}{col 17}{res}{space 2}-7.398088{col 29}{space 2} 1.867417{col 40}{space 1}   -3.96{col 49}{space 3}0.000{col 57}{space 4}-11.07897{col 70}{space 3}  -3.7172
{txt}{space 12}LD. {c |}{col 17}{res}{space 2} 5.452166{col 29}{space 2} 4.358902{col 40}{space 1}    1.25{col 49}{space 3}0.212{col 57}{space 4}-3.139715{col 70}{space 3} 14.04405
{txt}{space 15} {c |}
{space 1}electedjudges1 {c |}
{space 12}L1. {c |}{col 17}{res}{space 2} 4.478704{col 29}{space 2} 1.314948{col 40}{space 1}    3.41{col 49}{space 3}0.001{col 57}{space 4} 1.886796{col 70}{space 3} 7.070613
{txt}{space 12}LD. {c |}{col 17}{res}{space 2}-1.491228{col 29}{space 2} 2.629128{col 40}{space 1}   -0.57{col 49}{space 3}0.571{col 57}{space 4}-6.673531{col 70}{space 3} 3.691075
{txt}{space 15} {c |}
{space 5}state_fips {c |}
{space 13}5  {c |}{col 17}{res}{space 2}-2.071159{col 29}{space 2} 1.740593{col 40}{space 1}   -1.19{col 49}{space 3}0.235{col 57}{space 4}-5.502061{col 70}{space 3} 1.359743
{txt}{space 12}21  {c |}{col 17}{res}{space 2} 5.222286{col 29}{space 2} 1.517338{col 40}{space 1}    3.44{col 49}{space 3}0.001{col 57}{space 4} 2.231445{col 70}{space 3} 8.213128
{txt}{space 12}22  {c |}{col 17}{res}{space 2}-.6008747{col 29}{space 2} 1.136691{col 40}{space 1}   -0.53{col 49}{space 3}0.598{col 57}{space 4}-2.841419{col 70}{space 3}  1.63967
{txt}{space 12}28  {c |}{col 17}{res}{space 2} 2.504064{col 29}{space 2}  1.81909{col 40}{space 1}    1.38{col 49}{space 3}0.170{col 57}{space 4}-1.081565{col 70}{space 3} 6.089692
{txt}{space 12}40  {c |}{col 17}{res}{space 2} 5.423562{col 29}{space 2} 1.956695{col 40}{space 1}    2.77{col 49}{space 3}0.006{col 57}{space 4} 1.566699{col 70}{space 3} 9.280426
{txt}{space 12}45  {c |}{col 17}{res}{space 2} 10.44816{col 29}{space 2} 2.227243{col 40}{space 1}    4.69{col 49}{space 3}0.000{col 57}{space 4} 6.058014{col 70}{space 3}  14.8383
{txt}{space 12}47  {c |}{col 17}{res}{space 2} 5.813184{col 29}{space 2} 2.190564{col 40}{space 1}    2.65{col 49}{space 3}0.009{col 57}{space 4} 1.495339{col 70}{space 3} 10.13103
{txt}{space 12}54  {c |}{col 17}{res}{space 2}-1.714992{col 29}{space 2} 1.503471{col 40}{space 1}   -1.14{col 49}{space 3}0.255{col 57}{space 4}-4.678501{col 70}{space 3} 1.248516
{txt}{space 15} {c |}
{space 11}year {c |}
{space 10}1982  {c |}{col 17}{res}{space 2}-1.068507{col 29}{space 2} 2.552215{col 40}{space 1}   -0.42{col 49}{space 3}0.676{col 57}{space 4}-6.099206{col 70}{space 3} 3.962192
{txt}{space 10}1983  {c |}{col 17}{res}{space 2} 1.558407{col 29}{space 2} 2.467725{col 40}{space 1}    0.63{col 49}{space 3}0.528{col 57}{space 4}-3.305754{col 70}{space 3} 6.422568
{txt}{space 10}1984  {c |}{col 17}{res}{space 2} -.261726{col 29}{space 2} 1.975021{col 40}{space 1}   -0.13{col 49}{space 3}0.895{col 57}{space 4}-4.154713{col 70}{space 3}  3.63126
{txt}{space 10}1985  {c |}{col 17}{res}{space 2}  7.25027{col 29}{space 2} 3.905852{col 40}{space 1}    1.86{col 49}{space 3}0.065{col 57}{space 4}-.4485985{col 70}{space 3} 14.94914
{txt}{space 10}1986  {c |}{col 17}{res}{space 2} .6987829{col 29}{space 2} 2.380174{col 40}{space 1}    0.29{col 49}{space 3}0.769{col 57}{space 4}-3.992804{col 70}{space 3}  5.39037
{txt}{space 10}1987  {c |}{col 17}{res}{space 2} 2.222354{col 29}{space 2} 2.913144{col 40}{space 1}    0.76{col 49}{space 3}0.446{col 57}{space 4}-3.519776{col 70}{space 3} 7.964485
{txt}{space 10}1988  {c |}{col 17}{res}{space 2}-.0059147{col 29}{space 2} 1.984373{col 40}{space 1}   -0.00{col 49}{space 3}0.998{col 57}{space 4}-3.917335{col 70}{space 3} 3.905506
{txt}{space 10}1989  {c |}{col 17}{res}{space 2}  1.92742{col 29}{space 2} 3.031947{col 40}{space 1}    0.64{col 49}{space 3}0.526{col 57}{space 4}-4.048886{col 70}{space 3} 7.903725
{txt}{space 10}1990  {c |}{col 17}{res}{space 2} 1.236216{col 29}{space 2} 2.252235{col 40}{space 1}    0.55{col 49}{space 3}0.584{col 57}{space 4}-3.203191{col 70}{space 3} 5.675623
{txt}{space 10}1991  {c |}{col 17}{res}{space 2} 3.461758{col 29}{space 2} 2.655107{col 40}{space 1}    1.30{col 49}{space 3}0.194{col 57}{space 4}-1.771754{col 70}{space 3} 8.695269
{txt}{space 10}1992  {c |}{col 17}{res}{space 2} .9979052{col 29}{space 2} 2.339011{col 40}{space 1}    0.43{col 49}{space 3}0.670{col 57}{space 4}-3.612545{col 70}{space 3} 5.608356
{txt}{space 10}1993  {c |}{col 17}{res}{space 2} 2.040747{col 29}{space 2} 2.968376{col 40}{space 1}    0.69{col 49}{space 3}0.493{col 57}{space 4}-3.810252{col 70}{space 3} 7.891746
{txt}{space 10}1994  {c |}{col 17}{res}{space 2} 2.438285{col 29}{space 2} 2.582029{col 40}{space 1}    0.94{col 49}{space 3}0.346{col 57}{space 4}-2.651182{col 70}{space 3} 7.527752
{txt}{space 10}1995  {c |}{col 17}{res}{space 2} 13.34793{col 29}{space 2} 3.930011{col 40}{space 1}    3.40{col 49}{space 3}0.001{col 57}{space 4} 5.601437{col 70}{space 3} 21.09442
{txt}{space 10}1996  {c |}{col 17}{res}{space 2} 7.423119{col 29}{space 2} 4.652325{col 40}{space 1}    1.60{col 49}{space 3}0.112{col 57}{space 4}-1.747131{col 70}{space 3} 16.59337
{txt}{space 10}1997  {c |}{col 17}{res}{space 2} 2.612454{col 29}{space 2} 3.306598{col 40}{space 1}    0.79{col 49}{space 3}0.430{col 57}{space 4} -3.90522{col 70}{space 3} 9.130127
{txt}{space 10}1998  {c |}{col 17}{res}{space 2} 1.578592{col 29}{space 2} 3.525136{col 40}{space 1}    0.45{col 49}{space 3}0.655{col 57}{space 4}-5.369844{col 70}{space 3} 8.527028
{txt}{space 10}1999  {c |}{col 17}{res}{space 2} 5.070709{col 29}{space 2} 4.003193{col 40}{space 1}    1.27{col 49}{space 3}0.207{col 57}{space 4}-2.820029{col 70}{space 3} 12.96145
{txt}{space 10}2000  {c |}{col 17}{res}{space 2} 4.639997{col 29}{space 2} 3.733468{col 40}{space 1}    1.24{col 49}{space 3}0.215{col 57}{space 4}-2.719083{col 70}{space 3} 11.99908
{txt}{space 10}2001  {c |}{col 17}{res}{space 2} 5.761888{col 29}{space 2} 4.407505{col 40}{space 1}    1.31{col 49}{space 3}0.193{col 57}{space 4}-2.925794{col 70}{space 3} 14.44957
{txt}{space 10}2002  {c |}{col 17}{res}{space 2} 3.472634{col 29}{space 2} 4.029935{col 40}{space 1}    0.86{col 49}{space 3}0.390{col 57}{space 4}-4.470816{col 70}{space 3} 11.41608
{txt}{space 10}2003  {c |}{col 17}{res}{space 2} 7.832273{col 29}{space 2} 4.129944{col 40}{space 1}    1.90{col 49}{space 3}0.059{col 57}{space 4}-.3083061{col 70}{space 3} 15.97285
{txt}{space 10}2004  {c |}{col 17}{res}{space 2} 4.624571{col 29}{space 2} 4.224395{col 40}{space 1}    1.09{col 49}{space 3}0.275{col 57}{space 4}-3.702182{col 70}{space 3} 12.95132
{txt}{space 10}2005  {c |}{col 17}{res}{space 2} 7.419327{col 29}{space 2} 4.773168{col 40}{space 1}    1.55{col 49}{space 3}0.122{col 57}{space 4}-1.989119{col 70}{space 3} 16.82777
{txt}{space 10}2006  {c |}{col 17}{res}{space 2} 3.715695{col 29}{space 2}  4.80177{col 40}{space 1}    0.77{col 49}{space 3}0.440{col 57}{space 4}-5.749129{col 70}{space 3} 13.18052
{txt}{space 10}2007  {c |}{col 17}{res}{space 2} 4.699532{col 29}{space 2} 5.221864{col 40}{space 1}    0.90{col 49}{space 3}0.369{col 57}{space 4}-5.593342{col 70}{space 3} 14.99241
{txt}{space 10}2008  {c |}{col 17}{res}{space 2}  4.49427{col 29}{space 2}  5.00162{col 40}{space 1}    0.90{col 49}{space 3}0.370{col 57}{space 4} -5.36448{col 70}{space 3} 14.35302
{txt}{space 10}2009  {c |}{col 17}{res}{space 2} 3.170256{col 29}{space 2}  5.25848{col 40}{space 1}    0.60{col 49}{space 3}0.547{col 57}{space 4}-7.194794{col 70}{space 3}  13.5353
{txt}{space 10}2010  {c |}{col 17}{res}{space 2} 5.577963{col 29}{space 2} 7.991888{col 40}{space 1}    0.70{col 49}{space 3}0.486{col 57}{space 4}-10.17494{col 70}{space 3} 21.33086
{txt}{space 15} {c |}
{space 10}_cons {c |}{col 17}{res}{space 2}-17.11262{col 29}{space 2} 8.417783{col 40}{space 1}   -2.03{col 49}{space 3}0.043{col 57}{space 4}  -33.705{col 70}{space 3}  -.52023
{txt}{hline 16}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. predict klarnerranneyhatallpost if year>1980 & oldsouth==1
{txt}(option xb assumed; fitted values)
(3,069 missing values generated)

{com}. 
. 
. * 
. 
. * TESTING PARTISAN COMPETITION ERROR CORRECTION RATE *
. 
. test l.klarnerranney = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney = 0{p_end}

{txt}       F(  1,   214) ={res}   24.02
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. * TESTING PARTISAN COMPETITION FOR COINTEGRATION VIA LONG-RUN COEFFICIENT JOINT EQUALITY WITH ZERO (WEAK EXOGENEITY)*
. 
. test l.klarnerranney = l.real_pc_inc_ann = 0

{p 0 7}{space 1}{text:( 1)}{space 1} {res}L.klarnerranney - L.real_pc_inc_ann = 0{p_end}
{p 0 7}{space 1}{text:( 2)}{space 1} L.klarnerranney = 0{p_end}

{txt}       F(  2,   214) ={res}   12.33
{txt}{col 13}Prob > F ={res}    0.0000
{txt}
{com}. 
. 
. 
. * ESTIMATING CUMULATIVE SHORT-RUN EFFECTS FOR NON-LEFT-HAND SIDE VARIABLE *
. 
. lincom  d.real_pc_inc_ann  +  l.d.real_pc_inc_ann  +  l2.d.real_pc_inc_ann  +  l3.d.real_pc_inc_ann 

{p 0 7}{space 1}{text:( 1)}{space 1} {res}D.real_pc_inc_ann + LD.real_pc_inc_ann + L2D.real_pc_inc_ann + L3D.real_pc_inc_ann = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} .0011174{col 26}{space 2}  .002802{col 37}{space 1}    0.40{col 46}{space 3}0.690{col 54}{space 4}-.0044056{col 67}{space 3} .0066404
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. * TESTING FOR LONG-RUN MULTIPLIER EFFECT *
. 
. nlcom _b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

       {txt}_nl_1:  {res}_b[l.real_pc_inc_ann]/-_b[l.klarnerranney]

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} .0081526{col 26}{space 2} .0040286{col 37}{space 1}    2.02{col 46}{space 3}0.043{col 54}{space 4} .0002567{col 67}{space 3} .0160486
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. sum real_pc_inc_ann   if klarnerranneyhatallpost!=. & year > 1980 & oldsouth==1, detail

        {txt}Per Capita Annual Income (1982-1984 Constant
                          Dollars)
{hline 61}
      Percentiles      Smallest
 1%    {res} 8624.711       8530.043
{txt} 5%    {res} 9523.432       8604.584
{txt}10%    {res}  10065.1       8624.711       {txt}Obs         {res}        270
{txt}25%    {res}  11208.2       9026.411       {txt}Sum of Wgt. {res}        270

{txt}50%    {res} 12611.42                      {txt}Mean          {res} 12776.18
                        {txt}Largest       Std. Dev.     {res} 1990.397
{txt}75%    {res} 14367.06       16986.17
{txt}90%    {res} 15339.42        17263.1       {txt}Variance      {res}  3961682
{txt}95%    {res} 16033.95       17507.38       {txt}Skewness      {res}    .0862
{txt}99%    {res}  17263.1       17584.98       {txt}Kurtosis      {res} 2.270968
{txt}
{com}. 
. 
. * TOTAL/DYNAMIC MULTIPLIER & BASELINE LONG-RUN EFFECTS  OF  real_pc_inc_ann ON klarnerranney:  75TH PERCENTILE VALUE OF real_pc_inc_ann MINUS 25TH PERCENTILE VALUE OF real_pc_inc_ann FOR EFFECTIVE SAMPLE PERIOD 
. 
. 
. nlcom  (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])* 14367.06   -  (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])* 11208.2

       {txt}_nl_1:  {res}(_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])* 14367.06 - (_b[l.real_pc_inc_ann] / - _b[l.klarnerranney])* 11208.2

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}D.          {col 14}{c |}
{col 1}klarnerran~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      z{col 46}   P>|z|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 7}_nl_1 {c |}{col 14}{res}{space 2} 25.75302{col 26}{space 2} 12.72583{col 37}{space 1}    2.02{col 46}{space 3}0.043{col 54}{space 4} .8108514{col 67}{space 3} 50.69519
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. 
. 
. 
. restore
{txt}
{com}. 
. 
. 
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. ******************************************************************************
. 
. 
. 
. 
. log close
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\mzarit\Documents\Regional_Convergence_Krause&Zarit_12-27-2015_CENSUS_SOUTH.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res}27 Dec 2015, 20:37:01
{txt}{.-}
{smcl}
{txt}{sf}{ul off}